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Batumi to get a German credit

2010-12-09 14:35

11148.jpegAccording to Business-Georgia, the agreement was achieved in the result of the two-day meeting of members of the autonomy's government with Levan Varshalomidze and the Bank representatives.

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It is underlined that the received means will be spent on rehabilitation of the infrastructure of Batumi, the capital of the autonomy. A 44-million-euro tranche has been granted for these purposes. Soft credit accounts for 20 million, a special grant accounts for 19 million and another 5 million will be allocated by the city budget.

The next stage of the water supply and sewerage system repair works in Batumi is reported to start at the end of next year.

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