Description

The Project, financed from the multitranche finance facility (MFF) for Georgia Road Corridor Investment Program, provides additional financing of $140 million for Loan 2560-GEO (the original project). Its main components are: (i) constructing Kobuleti Bypass (a new 28 km two-lane bypass road skirting Kobuleti and expanding to four lanes, a 6 km section of an existing two-lane road between Kobuleti and Batumi, along the Black Sea coast toward the Turkish border); (ii) strengthening asset managem... Read More

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