The EU will sponsor the repair of the road in Georgia.
Thanks to the loan from the European Bank, construction works will be carried out to improve the security of communication between the regions of the South Caucasus. The section between Sadakhlo and Aleti and in the area of the Red Bridge is subject to reconstruction.
The European Union has transferred more than €106 million for the implementation of the project.
The loan granted will be summed up with the previous payment of 170 million euros, said the Deputy president of the main investment organization of Europe. Last year, this amount was allocated to support healthcare and to help local businesses in Georgia (SMEs).
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