Bank Of Baku

EIB allocates €30 mln for reconstruction works in East-West Highway

EIB allocates €30 mln for reconstruction works in East-West Highway
# 30 April 2015 13:25 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. European Investment Bank has allocated €30 mln to Georgia.

 

APA-Economics reports that the fund is intended for continuation of reconstruction works of East-West Highway.

 

183 km-highway will connect Tibilisi and Black Sea ports with Turkey and Azerbaijan.

 

In 2012, the EIB allocated €170 to this project.

 

The project is expected to be completed in 2017.

 

 

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