Germany offers €43 million for water supply and sanitation programmes in Georgia’s Adjara region
The loan and grant agreement was signed today between Georgia’s Finance Minister Ivane Machavariani and German Development Bank (KfW) Regional Director Olaf Zimelka. Photo: Ministry of Finance.
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German Chancellor Angela Merkel says she is happy to see much progress in Georgia since her last visit to the country 10 years ago.
After a face to face meeting with Georgian Prime Minister Mamuka Bakhtadze and a meeting with part of te Georgian cabinet, she held a joint press conference with the Georgian PM.
The topics discussed at the meetings included the situation in Georgia’s regions occupied by Russia, the country’s European aspirations and integration and the deepening of the economic and cultural ties.
Two agreements will be signed worth €193 million between Georgia and Germany during German Chancellor Angela Merkel’s visit to Georgia.
German Chancellor begins her South Caucasus tour with meetings in Georgia. Angela Merkel will meet the Prime Minister of Georgia Mamuka Bakhtadze and the President of Georgia Giorgi Magvelashvili today.
German investors find Georgia favourable for doing new business
German investors feel there is a favourable environment for doing new business in Georgia, German Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy Thomas Bareiss says.
The government of Federal Republic of Germany will offer €10 million to Georgia to improve the living conditions of internally displaced people in Georgia.
Grigol Mandaria has become the new head of the United Water Supply Company of the Ministry of Regional Development and Infrastructure of Georgia.
122 flats will be built on land plots owned by internally displaced persons (IDPs) with the financial support of the German Development Bank (KfW) in Georgia’s eastern region of Shida Kartli and Western Georgia, reports the press office of the Ministry of Health, Social Care and Internally Displaced People.
About 40,000 people living in a Georgian town of Khashuri and its surrounding settlements will benefit from continuous water supply and wastewater services as part of a new project that the European Union and the French Development Agency are financing in the country.
The Asian Development Bank (ADB) has approved $150 million in loans to improve water supply and sanitation services in Georgia. Furthermore, under the Sustainable Water Supply and Sanitation Sector Development Program, ADB will provide a $130 million policy-based loan and a $20 million project loan.