Georgia and ADB
In the Spotlight
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ADB President Visits Georgia, Reaffirms Commitment to Expand Partnership
ADB President Nakao announced that ADB plans to mobilize over $1.2 billion in financing during 2019–2021, including support for two flagship projects of the government: the development of the East-West and the North-South transport and economic corridors.
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ADB Water Assistance Works: Just Ask Georgian Housewife Tamara Makhviladze
Georgia and ADB have worked together since 2007 to deliver infrastructure and services that benefit all.
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Road Asset Management Best Practices in Central Asia
This publication compiles the best practices for the introduction and development of road asset management based on a desk review of the experiences in the 11 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, including Georgia.
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ADB, Georgia Sign Loan for Tbilisi Metro Improvement Project
ADB and the Government of Georgia signed a $14.27 million loan agreement to upgrade and improve the Tbilisi metro, which currently benefits over 300,000 commuters daily.
Located at the crossroads of Europe and Asia, Georgia has become an important node for regional trade flows. The Government of Georgia has taken steps to deregulate the economy, streamline bureaucracy, and combat corruption. Committed to a more inclusive growth process, the government has considerably increased social sector funding and made public expenditure transparent. Yet, despite solid economic growth, poverty and unemployment continue to impede Georgia’s development.
The key development priorities of ADB in Georgia are to foster inclusive and sustainable economic growth, accelerate poverty reduction, and enhance regional connectivity. Priority sectors include transport, water supply and sanitation, energy, public sector management, and finance.
In October 2016, Georgia became the 11th member of the Central Asia Regional Economic Cooperation (CAREC).
Latest
This report discusses functions and activities of the two arms of the ADB Accountability Mechanism for 2017 and presents their joint endeavors held in North America, Asia, and Europe.
ADB Accountability Mechanism: Annual Report 2017
This publication highlights challenges in implementing toll road projects relevant to the circumstances of CAREC countries and is intended as a practical resource for policy makers.
Decision Makers’ Guide to Road Tolling in CAREC Countries
ADB President Visits Georgia, Reaffirms Commitment to Expand Partnership
ADB President Mr. Takehiko Nakao met with President of Georgia Mr. Giorgi Margvelashvili and Minister of Finance and ADB Governor Mr. Mamuka Bakhtadze during a 3-day visit to the country.
Projects in Georgia
Proposed
- Implementing Integrated Trade Agenda in CAREC
- Railway Sector Development in CAREC Countries
- Nenskra Hydropower Project
- Georgian State Electrosystem Corporatization and Electricity Market Reforms Program
- Promoting Investments and Economic Growth in Central and West Asia through Intra- and Inter-Regional Trade
Approved/Active
- Preparing the North-South Corridor (Kvesheti-Kobi) Road Project
- Implementing the Central Asia Regional Economic Cooperation 2030 Strategy for Sustainable Regional Development
- Supporting Social Safeguards in the Central and West Asia Region
- Preparing the Georgian State Electrosystem Corporatization and Electricity Market Reforms Program
- Supporting Environmental Safeguards in the Central and West Asia Region
Closed
- Improving Domestic Resource Mobilization for Inclusive Growth Program (Subprogram 3)
- Asian Development Outlook 2016-2018 - Asian Development Outlook 2016 (Subproject 1)
- Improving Domestic Resource Mobilization for Inclusive Growth Program (Subprogram 2)
- Support for Silk Road Forum
- Improving Domestic Resource Mobilization for Inclusive Growth
