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Asian Bank of Development to extend 500-million-dollar credit to Georgia

2011-04-01 18:51

15384.jpegGeorgia is going to get a 500-million-dollar credit from Asian Bank of Development. This was reported by Business Georgia with reference to Deputy Minister of Finance Rusudan Kemularia. Today she familiarized members of a specialized committee of the Georgian parliament with a credit agreement submitted for ratification.


According to the document, the credit extended until 2019 will be used for rehabilitation of the water-supply and sewerage system in six Georgian cities: Marneuli, Zugdidi, Kutaisi, Poti, Anaklia and Metia.

Kemularia also added that the reconstruction works will mean new workplaces in the mentioned regions.

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