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ADB to allocate additional financing to construct bypass road in Georgia

Business Materials 18 April 2012 12:20 (UTC +04:00)

Georgia, Tbilisi, April 18 / Trend, N.Kirtskhalia /

Vice president of the Asian Development Bank Xiaoyu Zhao will get acquainted with the work on the construction of the Kobuleti bypass road in Adjara, the finance ministry of Georgia told Trend on Wednesday.

Xiaoyu Zhao, together with representatives of the Georgian authorities will visit Kobuleti. Later, an agreement will be formalised on the additional financing for the construction of the Kobuleti bypass road.

The agreement will be signed by the bank's vice-president Xiaoyu Zhao and Georgian finance minister Dmitry Gvindadze.

The ceremony will be attended by Georgian regional development and infrastructure minister Ramaz Nikolaishvili.

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