EU launches €1.25 million twinning project, supporting railway sector of Georgia
The twinning project will be implemented during the next 24 months. Photo: Georgian Railway.
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The European Union is launching a new twinning project in order to help the Georgian railway sector to adapt to EU standards and regulations and to strengthen the railway regulatory environment of Georgia.
The budget of the project is €1.25 million and is fully financed by the EU.
The twinning project will be implemented during the next 24 months.
The Ministry of Economy of Georgia announces that the twinning project is fully in line with the requirements of the EU-Georgia Association Agreement (AA) and aims to support further effective implementation and fulfilment of the objectives set out in the agreement.
The project will be coordinated by the Polish Ministry of Infrastructure together with other private and public organisations from Poland.
The first train carrying goods from Turkey to China that began operating on the new Baku-Tbilisi-Kars (BTK) railway on December 4 arrived in Georgia last night, announces the Georgian Economy Ministry. Before entering China’s Xi'an province, which is the final stop of the train, it will cover 8,693 kilometer in 12 days.
Travel by railway will resume in Georgia on June 15, announces Georgian Railways, noting the company is ready to ensure the safe transportation of passengers and to implement the regulations imposed by the Ministry of Health of Georgia.
A total of 4,800 employees of the Georgian Railway are preparing to go on strike on August 10 if their salaries are not be increased by 50 per cent, the railway union reports.
Georgian Railway has launched a new mobile application, giving locals as well as tourists the chance to purchase railway tickets through a mobile application.
A series of photographs showing the history of rail transportation in Georgia has been part of marking the European Union Year of Rail - a celebration promoting railways across the continent - on social media over the past two months.
The Asian Development Bank (ADB) has invested $20 million in green bonds issued by Georgian Railway with the proceeds to be used primarily to roll over maturing Eurobonds that it had issued to improve existing railway lines as a part of an ongoing modernisation project, announces the ADB.
Over 3 billion GEL (about $0.95 bln/€0.80 bln) will be invested in transport infrastructure in the next 10 years, Georgian Economy Minister Natia Turnava has announced while presenting Georgia’s new 10-year economic development strategy earlier today.
The European Union (EU) will allocate €3.9 billion to help Georgia improve transport and logistics connectivity, announces Georgian Prime Minister Irakli Garibashvili after the meeting with European Commissioner for Neighbourhood and Enlargement Oliver Varhelyi today. The €3.9 billion aid package consists of a €1.17 billion grant and the rest is a loan.
Travellers heading from the Georgian capital city of Tbilisi further east to Kakheti region are now able to drive along a new bypass road that skirts the town of Gurjaani and the six villages of Bakurtsikhe, Kolagi, Dziroki, Chandari, Vejini and Chumlaki.
Georgian Railway on Tuesday said it would operate additional services to Black Sea cities of Poti and Batumi for the upcoming Easter holidays.
Georgian Railway on Tuesday said it would add further daily and nighttime services between capital Tbilisi and the seaside city of Batumi for the summer season.
Georgian Parliament Speaker Shalva Papuashvili on Wednesday said the Government appreciated the contributions of a European Union-funded twinning project for its “significant contribution” to the improvement of the domestic lawmaking body’s oversight and capabilities of its budget office and the Budget and Finance Committee.