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EIB funds construction project in Georgia

Finance Materials 3 June 2020 20:56 (UTC +04:00)
EIB funds construction project in Georgia

BAKU, Azerbaijan, June 3

By Tamilla Mammadova - Trend:

Municipal Development Fund (MDF) of the Ministry of Regional Development and Infrastructure of Georgia is implementing a project on road bridge construction over river Lochini and road rehabilitation in Brotseula settlement of Gardabani Municipality, Trend reports citing Georgian media.

As reported, the cost of the project funded by European Investment Bank (EIB) is 2 million lari ($652,050).

The project provides for the rehabilitation of the 2.5 km road and construction of the road bridge over river Lochini. The project also envisages the arrangement of driveways, concrete drainage channels, connections, lake access, and footpaths.

For preventing the spread of new coronavirus infection, works are performed with strict adherence to special recommendations issued by the Interagency Coordination Board under Prime-minister's office and the Ministry of Health.

MDF representatives are carrying out monitoring of observance of the recommendations and labor safety regulations.

Executive Director of the MDF Giorgi Shengelia visited the project site together with representatives of construction and consulting companies.

"The existing road was damaged, which hampered the safe conveyance of the local population; following project completion, this problem will be fully solved," he said.

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