NEWS

Proud of cooperation with Georgian Gov’t, East-West highway is “project of century” - ADB official

The Bank’s Country Director emphasised that the ADB had invested $800 million in Georgia since 2009 for various projects, including Kobuleti and Batumi bypasses. Photo via Finance Ministry

Agenda.ge, 28 Oct 2023 - 17:11, Tbilisi,Georgia

Lesley Bearman Lahm, the Country Director for Georgia at the Asian Development Bank, on Saturday said she was “proud” of the ADB’s cooperation with the Government of Georgia for the last 15 years, stressing the East-West highway project would strengthen the position of the country as a transit hub.

Photo via Government Administration

In her address at the opening event of a 27-kilometre section of Rikoti Pass, Lahm called it a “serious milestone” in the execution of the “project of the century” - East-West highway, adding the highway would increase the capability of the Middle Corridor - a transportation route network connecting China with Europe via the South Caucasus region.

The Bank’s Country Director emphasised that the ADB had invested $800 million in Georgia since 2009 for various projects, including Kobuleti and Batumi bypasses.

EU Ambassador: Rikoti Pass, contributing to economic development, also brings Georgia closer to EU

28 Oct 2023

Pawel Herczynski, the European Union Ambassador to Georgia, on Saturday said the development of Rikoti Pass, a major crossing between eastern and western parts of Georgia, was a “direct contributor” to the advancement of economic and investment projects in the country, bringing Georgia closer to the EU.

Georgian Finance Minister, ADB Country Director discuss ties

18 Jul 2023

Georgian Finance Minister Lasha Khutsishvili and Lesley Bearman Lahm, the newly appointed Country Director for Georgia at the Asian Development Bank, on Tuesday discussed bilateral relations and ongoing projects supported by the institution.

Asian Development Bank invests $7.6mln to expand electric vehicle use, charging networks in Georgia

05 Jul 2023

The Asian Development Bank on Tuesday announced it would allocate ₾20 million ($7.6mln) for deployment of zero-emission light, road, and non-road electric vehicles, and expansion of charging networks in Georgia by 70 new stations.

“Georgia’s European Highway” becomes reality - EIB representative at Rikoti Pass’s 27-km section opening

28 Oct 2023

Maciej Czura, the head of the European Investment Bank's Regional Representation for the South Caucasus, on Saturday said “Georgia’s European Highway” became “a reality”, after opening of a new 27-kilometre, four-lane section of Rikoti Pass.

Georgian PM: new 27 km section of Rikoti Pass, including 65 bridges, 38 tunnels, will “facilitate movement”

28 Oct 2023

Georgian Prime Minister Irakli Garibashvili on Saturday said the opening of a 27-kilometre, four-lane section of Rikoti Pass, a major crossing between eastern and western parts of Georgia, which includes 65 bridges and 38 tunnels, would “facilitate movement” on the road.

World Bank Regional Director hails Georgian Govt’s “exceptional leadership” in East-West highway development

28 Oct 2023

Rolande Pryce, the World Bank Regional Director for the South Caucasus, on Saturday hailed the “exceptional leadership” of the Georgian Government and “strong partnership” with other international financial institutions in the development of the East-West highway.

Infrastructure Minister explains “unprecedentedly complex” works on Rikoti Pass infrastructure to Parliament

30 Oct 2023

Georgian Infrastructure Minister Irakli Karseladze on Monday detailed “unprecedentedly complex” works on infrastructure at the Rikoti Pass - a major crossing between eastern and western parts of the country - to MPs in a session of the Sector Economy and Economic Policy Committee of the Parliament.

Georgian PM, Asian Development Bank President discuss economic parameters in Tbilisi meeting

29 Nov 2023

Georgian Prime Minister Irakli Garibashvili on Wednesday discussed the current economic situation in the country and its fiscal and budgetary parameters with Masatsugu Asakawa, the President of the Asian Development Bank, during their meeting held in Tbilisi.

Asian Development Bank President: ADB “proud to support major projects, policy reforms” in Georgia

29 Nov 2023

Masatsugu Asakawa, the President of the Asian Development Bank, on Wednesday said the Bank was “proud to support major projects and policy reforms” in Georgia during a meeting with Georgian Prime Minister Irakli Garibashvili.