5 Oct 2018 - 13:49
The Asian Development Bank (ADB) is offering €255 million to help Georgia develop its major transport artery East-West Highway.
This money will go towards the construction of the four-lane, 12km long Khevi-Ubisa section of the highway, announced the Finance Ministry of Georgia.
This section of the highway is considered one of the most difficult sections of the Rikoti-Zestaponi motorway. Due to complex geologic conditions, it is planned to build 35 bridges (8.3 km of total length) and 20 tunnels (9.4 km of total length)”, read the press release published by the Finance Ministry.
The project is due to be completed in June 2024.
To note, this summer Japan also allocated about $343 million to build a 14km long Shorapani-Argveti section of the East-West Highway.