Adjara to receive loan from KFW
Georgia, Tbilisi, Dec. 9 / Trend N. Kirtskhalia /
Levan Varshalomidze, the head of the Adjaran government, met with the German KFW state bank this week. During the meeting, the sides discussed the modernization of Batumi's infrastructure and future development plans.
The bank''s representatives also held a working meeting in Batumi City Hall and met with the administration of the Batumi Water company.Today, the bank's representatives will also hold a meeting with the Finance Ministry. At the meeting, the sides will discuss the details of a soon-to-be-signed intergovernmental agreement that will provide funds for the third phase of developing Batumi's infrastructure in late 2011.