Georgia: EBRD gives $60 million to co-finance construction of Kvesheti-Kobi tunnel
The European Bank of Reconstruction and Development (EBRD) has approved $60 million to co-finance the construction of the 9-km long Kvesheti-Kobi tunnel, which forms a part of the North-South corridor. The Roads Department of Georgia reports that the Asian Development Bank (ADB) has already allocated $415 million for the construction of the Kvesheti-Kobi road and…