Baku, Azerbaijan, May 16
The World Bank (WB) will allocate Georgia $9 million for the restoration of urban, municipal and tourist infrastructure in Imereti region (Western Georgia) in order to promote cultural and historical monuments as well as attract tourists, Sputnik news agency reported.
Financial resources will be allocated for the additional financing of the second project of the regional development, which envisages reconstruction of Vani Archaeological Museum-Reserve and the access road to it, as well as construction of wastewater treatment plant in Tskaltubo city (Western Georgia).
Georgia joined the WB in 1992. During this time, more than 73 projects with a total value of $2.58 billion were financed.
Rehabilitation and development of tourist infrastructure is one of the main areas financed by the WB.