ADB allocates EUR 255.1M to Georgia

Ivane Machavariani, Minister of Finance of Georgia, and Shane Rosenthal, the Country Director of Asian Development Bank (ADB) Resident Mission in Georgia, signed an agreement on allocation of EUR 255.1 million to Georgia, Report informs.

The funds will be used for construction of the four-lane Shorapani-Argveta section of Georgia’s main East-West highway.

14 bridges and 12 tunnels will be built as part of the project that will be completed in June 2025.