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Meeting with representatives of the European Investment Bank

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Meeting with representatives of the European Investment Bank

8 December 2016

Minister of Regional Development and Infrastructure Zurab Alavidze met the representatives of the European Investment Bank. The meeting was attended by the First Deputy Minister Irakli Matkava, Deputy Minister Galaktion Buadze, Chairman of the Roads Department  George Seturidze and the Director of the United Water Supply Company  Giorgi Koberidze.  The sides  discussed the projects which are funded and supported by European Investment Bank.

As it was mentioned on the meeting, EIB will allocate funding package with amount EUR 450 million.  This amount will enable  implementation  a number of major infrastructure projects by the Ministry. The amount will increase the bank's portfolio in Georgia by 50%, which is an important message to evidence of a positive attitude of the Bank.