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Korea Water Resources Corporation plans to invest in Georgia

Georgia Materials 20 May 2014 12:11 (UTC +04:00)

Tbilisi, Georgia, May 20

By Nana Kirtzkhalia - Trend:

The Korea Water Resources Corporation plans to invest in Georgia, Georgian Prime Minister Irakli Garibashvili said at a meeting with representatives of the corporation on May 19.

"In particular, the Korean side is interested in the "Nenskara HPP" hydropower project, which must be built in Svaneti, north-western Georgia," the Georgian government told Trend.

The corporation president Choi Jung-guen updated Garibashvili with the project details. Its estimated cost is $ 760 million.

Overseas Business Division Vice President, Korea Water Resources Corporation Chief Financial Officer, senior managers and executive director of the Georgian Partnership Fund attended the meeting.

Edited by CN

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