The European Investment Bank has provided an additional €106.7 million to upgrade two sections of Georgia's East-West (E60) highway, the country’s main road artery, and extend the motorway to the borders with Azerbaijan and Armenia.
The project aims to improve road safety on the motorway, cut travel times, reduce vehicle operating and maintenance costs, and increase the economic and territorial cohesion of Georgia. It also aims to improve connectivity within the South Caucasus region.
Once completed, the East-West Highway will offer a quicker and safer traffic alternative to existing connections and integrate Georgia with the Trans-European Transport (TEN-T) Network.
The TEN-T spans the European Union and strengthens social, economic and territorial cohesion in the Union, while its extended networks, such as the East-West Highway, extend the same benefits to EU partner countries.
The EIB has been supporting the construction of the East-West Highway since 2012 and has invested about €1 billion in it.