IDA CREDIT: USD$35 million
TERMS: Maturity= 20 years; Grace= 10 years
PROJECT DESCRIPTION: The project aims to contribute to the gradual reduction of road transport costs and improve ease of transit along the central part of Georgia's East-West corridor, through upgrading a segment of the East-West Highway from Tbilisi to Rikoti and strengthen the capacity of government agencies to develop and implement a traffic safety program.