EU bank provides €106.7 mln to Georgia for major upgrades of East-West highway
The project aims to improve road safety on the motorway, cut travel times, reduce vehicle operating and maintenance costs, and increase the economic and territorial cohesion of Georgia. It also aims to improve connectivity within the South Caucasus region. Photo: Nino Alavidze/Agenda.ge.
Agenda.ge, 1 Jul 2021 - 14:18, Tbilisi,Georgia
The European Investment Bank has provided an additional €106.7 million to upgrade two sections of Georgia's East-West (E60) highway, the country’s main road artery, and extend the motorway to the borders with Azerbaijan and Armenia.
The loan from the EU bank will finance two upgrades: