$382mln infrastructure renovation programme launched in 11 locations of Georgia
The Municipal Development Fund of Georgia announced the launch of a ₾1 billion ($382mln), five-year programme for renovation and development of infrastructure across the country. Photo: Municipal Development Fund
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The Municipal Development Fund of Georgia on Thursday announced the launch of a ₾1 billion ($382mln), five-year programme for renovation and development of infrastructure in 11 locations across the country.
Venues and monuments in cities and towns of Borjomi, Bakuriani, Kutaisi, Tskaltubo, Telavi, Zugdidi, Batumi, Mtskheta, Stepantsminda, Mestia and Kazbegi will go under works as part of the programme initiated by Prime Minister Irakli Garibashvili.
The following areas will be renovated as part of the programme:
- Central park and historical centre of the central-western city of Borjomi
- Central park and new recreational area at Tsivi Lake in the western spa resort of Tskaltubo
- New boulevard in the western city of Zugdidi
- Historical part, botanical garden and Lado Meskhishvili Theatre in the western city of Kutaisi
- Batoni Castle and its surrounding area, as well as Vazha-Pshavela Drama Theatre in the eastern city of Telavi
- Historical part in the Black Sea city of Batumi
- Historical Areas in Kazbegi, Bakuriani and Mestia municipalities
A similar programme for urban development was launched two years ago and covered 63 municipalities in Georgia that had their centres upgraded. The total cost of the programme was ₾500 million ($191.22mln).
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Renovation of Abastumani, a small town and climatic spa in south-western Georgia's Samtskhe-Javakheti region, will be “fully completed” in 2025, Georgian Economy Minister Levan Davitashvili said on Thursday during his visit to the location to inspect works on its infrastructure.
Georgian Prime Minister Irakli Garibashvili on Tuesday announced the launch of a ₾1 billion ($398mln), five-year programme for renovation and development of infrastructure across the country.
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Georgian Economy Minister Levan Davitashvili on Tuesday inspected ongoing construction of hotels and other accommodation facilities in Abastumani, a town and climatic spa in south-western Georgia’s Samtskhe-Javakheti region.
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Irakli Karseladze, the Georgian Minister of Regional Development and Infrastructure, and Rolande Pryce, the World Bank Regional Director for the South Caucasus, on Thursday discussed the completed, ongoing and planned infrastructure projects in the country through the Bank’s financial support.
The Ministry of Regional Development and Infrastructure of Georgia exceeded its approved budget for the first nine months of 2023 by 108.2 percent, spending ₾176.1 million ($65.84mln) more than proscribed by the financial plan, the state body revealed on Tuesday.
The Georgian Government’s Economic Council, led by Prime Minister Irakli Garibashvili, on Saturday discussed the ₾1 billion ($371mln), five-year state programme for renovation and development of infrastructure in cities and resorts across the country.
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