The European Union (EU) and the European Investment Bank (EIB) are starting a new project with a total budget of EUR 6,136,000 to contribute to Georgia’s road infrastructure development.
The project activities are expected to start in January 2019. The Technical Assistance for Georgia Transport Connectivity (GTC) is a seven year program funded by the EU.
In particular, this project will:
– Prepare the necessary technical studies necessary for new investments in the Georgian road network;
– Provide capacity-building and training to the staff of the Roads Department to support the implementation of Georgia’s national road program;
– Conduct feasibility and design studies necessary to eliminate accident-prone road sections.
“Improved road networks are a key element in economic development, creating connections between people and allowing exchanges and trade both within and outside the country. This project will lay the groundwork for new and safer roads to be built throughout Georgia in the years to come”, said Director of Neighbourhood East, European Commission, Lawrence Meredith. (Agenda/Business World Magazine)