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EBRD Approves $60 Million for Kvesheti-Kobi Project

EBRD Approves $60 Million for Kvesheti-Kobi Project

The European Bank for Reconstruction and Development (EBRD) approved  $ 60 million financial resources to co-finance the construction of a 9km tunnel located on the Jinvali-Larsi Road (North-South Corridor). According to the Ministry of Infrastructure of Georgia, the Asian Development Bank (ADB) has already allocated a $415 million for construction of Kvesheti–Kobi road and tunnel, […]