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EBRD to allocate Georgia EUR 100 mln credit

2010-04-06 15:50

The European Bank for reconstruction and Development will allocate Georgia a EUR 100 mln credit for construction of a bypassing railway in Tbilisi.


The due agreement was prepared today in the Ministry of Finance of Georgia - Trend.

According to the corrected draft, EUR 290 mln were intended for construction of that railway.

Construction of a 30-km rail track with tunnels and bridges, bypassing Tbilisi, is also planned.

The works must be finished in 2013.


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