The proceeds of the Asian Development Bank (ADB) loan will partially finance the development of two affordable residential complexes in Tbilisi being developed by Optima. This will be ADB’s first nonsovereign financing of the housing sector in the Central and West Asia region.
This report describes the terms and conditions of a project for consideration for approval by ADB under the Faster Approach to Small Nonsovereign Transactions (FAST) framework.
This document dated August 2021 is provided for the ADB project 54433-001 in Georgia.