Economy
Posted: 1 week ago

ADB Funding Develops a Strategy for the Development of Georgian Airports

The Asian Development Bank (ADB) has selected a consulting firm to develop its Georgia-wide airport development strategy. The financial institution pays $ 225,000 to create the document.

The tender was announced by the Financial Institute on April 11 this year for consulting companies working in this field, and the submission of applications for it ended on May 4.

In the tender description, we read that the strategy will assess the capabilities of both international and domestic airports in the country, forecast future congestion, and set various scenarios according to which the airports should be developed.

In the description of the tender announced for the ADB-funded airport development strategy in the country, we also read that the document will also discuss the issues of airport management. According to them, this is especially important, because the management license of Tbilisi and Batumi airports expires in 2027.