EU's transport investment action plan to include 18 projects worth €3.5 billion in Georgia [MAP]
Some EU-financed projects are planned to be completed in 2020, some in 2030. Photo: Nino Alavidze/Agenda.ge.
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The European Commission together with the World Bank have developed a new Indicative trans-European Transport Network (TEN-T) Investment Action Plan that identifies priority projects in Eastern Partnership countries, including in Georgia.
Armenia, Azerbaijan, Belarus, Georgia, Republic of Moldova and Ukraine are part of the Eastern Partnership.
Together, these almost 100 projects amount to an investment of almost €13 billion up to 2030 and foresee a total of 4,800 kilometres of road and rail, six ports, and 11 logistics centres.
As for Georgia 18 projects worth €3.5 billion will be implemented in the country.
A number of financial institutions will back the projects, while some will be implemented as Public Private Partnership (PPP) enterprises, which is a cooperative arrangement between two or more public and private entities.
The money will be spent on the construction of roads and rail lines, ports, airports, logistic centers and border checkpoints.
Some projects are planned to be completed in 2020, some in 2030.
Georgian Priority Projects map from EU Investment Action Plan for EaP countries. Click on the image to take a bigger view.
Image:EU
Click the link to the the full version of EU Investment Action Plan for EaP countries.
Georgian Minister of Foreign Affairs David Zalkaliani said that Georgia's integration into the European structures is the main priority of the country’s foreign policy and the EU’s financial aid corresponds to the policy.
There are several dozen important projects that implies development of transport and infrastructure and we just welcome this step of the European Union”, said Zalkaliani.
What are the projects that will be implemented in 2020-2030 in Georgia?
Here is a list of the projects that will be implemented in Georgia and which will bring €3.5 billion investments to the country:
- Kutaisi logistics centre. Finance proposed by Asian Development Bank (ADB). The cost of the project is €61.5 million;
- Road and rail to Anaklia Deepwater Port. Finance: Anaklia Development Consortium/ National Budget. Cost of the project – €100 million;
- New Deepwater Port in Anaklia (phase 2). Finance: committed PPP. Cost of the project -€233 million;
- Grigoleti-Poti bridge. Finance: committed ADB. Cost of the project - €25 million
- Construction of road Grigoleti-Kobuleti. Finance: committed European Investment Bank. Cost of the project - €101 million;
- Construction of new road Batumi Bypass-Sarpi (border of Turkey). Finance: committed ADB. Cost of the project - €115 million;
- Cargo terminal in Kutaisi Airport. Finance: proposed PPP. Cost of the project - €61.5 million;
- Construction of Chumateleti-Argveti section of the East-West Highway. Finance: committed EIB/WB/ADB,JICA – cost of the project 1 billion;
- Tbilisi Kumisi logistic centre. Finance: proposed EIB. Cost of the project - €78.3 million;
- Rustavi - Red Bridge Highway. Finance: proposed EIB. Cost of the project - €115 million;
- Algeti-Sadakhlo. Finance: proposed EIB. Cost of the project - €90 million;
- Sadakhlo Friendship bridge. Finance: committed EBRD. Cost of the project - €6 million.
Financial aid from the European Union (EU) totalling €3.4 billion is yet further confirmation that Georgia is a reliable partner of the EU, Georgian Prime Minister Mamuka Bakhtadze said at a press briefing today.
The European Union has transferred 110 million GEL(about $ 41.28m/€36.8m) to the government of Georgia in acknowledgement of government reforms conducted in 2017 and 2018.
Developing transport capacity and infrastructure remains a priority for Tbilisi City Hall this year, announces Tbilisi Mayor Kakha Kaladze who held the first government meeting of 2019 today.
The European Investment Bank (EIB) is offering an additional €250 million to help improve regional connectivity and road transport efficiency in Georgia. The EIB has already provided over €500 million for implementation of the ‘Georgian Transport Communication Project’.
The European Union (EU) and the European Investment Bank (EIB) are starting a new project with a total budget of €6,136,000 to contribute to Georgia’s road infrastructure development.
Municipal fundings will increase by more than 100 million GEL, Georgian Vice Prime Minister and Minister of Infrastructure and Regional Development Maia Tskitishvili has stated today in parliament.
EU offers to establish a Road Safety Regional Center in Georgia
The first EU-Georgia High Level Transport Dialogue was held in Georgia's capital of Tbilisi on 29 January in order to further develop and expand the cooperation between the EU and Georgia.
Georgian Minister of Economy and Sustainable Development Giorgi Kobulia has met with European Investment Bank (EIB) Vice President Vazil Hudak and other officials today to discuss the EIB’s invest portal in Georgia and key priorities of future cooperation.
Georgia will receive almost €50 million from the EU within the Support for Skill Development financial agreement and about €48 million within the Economic Development and Business Support in Georgia agreement, Georgian Prime Minister Mamuka Bakhtadze has announced after a meeting with EU Commissioner Cecilia Malmstrom.
The European Union (EU) has launched a new €2.4 million rural development project ‘EMBRACE Tsalka’ in Georgia’s Tsalka Municipality.
The European Union (EU) is launching three new projects for environmental protection and climate change in Georgia, announces the Delegation of the European Union to Georgia.
Georgian Prime Minister Mamuka Bakhtadze has appointed the US citizen, former head of the Caucasus Nature Fund (CNF) with a previous 28-year career in law, David Morrison as Georgia’s Environmental Ombudsman.
The European Union (EU) is launching a new programme, EU4Digital, to support digital economy in Georgia, announces the Ministry of Economy of Georgia.
Georgia’s capital of Tbilisi will turn into a Eurovillage tomorrow, inviting the public to join in celebrations at Rike Park. The organisers of the event promise a virtual journey across the European Union with informative and fun activities taking place throughout the day.
The Kutaisi bypass road will be modernized as a 4-line highway, as work on the road has already begun.
The World Bank has announced the nine-month debarment of the China Railway Construction Corporation (CRCC) and its wholly-owned subsidiaries, China Railway 23rd Bureau Group (CR23) and CRCC International, in connection with misconduct under the East-West Highway Corridor Improvement Project in Georgia, however the companies will continue construction work on the East-West Highway.
The European Union and the government of Georgia have signed a €28 million deal to support security sector reforms in Georgia on the sidelines of the 16th Batumi International Conference.
Georgian Prime Minister Mamuka Bakhtadze says that the government has increased funding of infrastructure projects by 20 per cent in 2019, which is the “highest figure” in the history of independent Georgia. Bakhtadze vowed that by 2022 Georgia will have “very modern infrastructure,” which will allow the government to further develop the economy and overcome poverty.
The candidate for economy minister Natia Turnava said Georgia has long had the need of a deep sea port and that the country’s government spares no efforts to implement the Anaklia project.
EU4Digital has launched Georgian version of its website , www.eufordigital.eu/geo. It is a multilingual platform that gathers information, news and resources about European Union’s support for developing the digital economy and society in the Eastern Partnership region.
Following the call for expression of interest 'Promoting European business and economic interests in Georgia', the EU announces that the European Business Association Georgia (EBA Georgia) is the organisation that submitted the winning project.