Economy
Posted: 4 years ago

Six Roads Built by POWERCHINA/Sinohydro in Georgia

Company POWERCHINA/Sinohydro keeps cooperating with the Government of Georgia and soon the Chinese company will undertake reconstruction works in the 42-km section of the Khulo-Zarzma road of Batumi (Angi)- Akhaltsikhe highway.

The Kuwait Fund For Arab Economic Development (KFAED) finances the project by GEL95 million.

The Batumi-Akhaltsikhe highway project consists of three main parts. On the whole, a road infrastructure of 47 kilometers and 7 bridges will be rehabilitated and the Chinese company will rehabilitate a 42-km section and lay 2-lane asphalt-concrete cover. This is a very sophisticated and important project, however, the Chinese company assures that they have a rich experience of implementing similar projects worldwide.

POWERCHINA/Sinohydro launched cooperation with the Government of Georgia in 2009. Recently, the company has finished two projects. Before engaging in the Khulo-Zarzma project, the Chinese company finished six other projects in Georgia, including Rikoti Pass rehabilitation works, funded by the World Bank in 2010. Later in 2011-2013, the Chinese company rehabilitated the Kobuleti bypass road, funded by Asian Development Bank (ADB).

In 2014-2016 the company has worked on the Tbilisi-Rustavi highway. The project was financed by ADB. As for two last projects, POWERCHINA /Sinohydro built two other roads in Georgia, including Japana-Lanchkhuti section of Samtredia-Grigoleti road. The project was financed by European Investment Bank (EIB).