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LOANS & CREDITS

Georgia - Third Regional Development Project

July 1, 2015

WASHINGTON, July 1, 2015 - The World Bank’s Board of Executive Directors today approved the following projects:

IBRD Loan: US $60 million

Terms: Maturity = 25 years, Grace = 14 years

Project ID: P150696

Project Description: The objective of the project is to improve infrastructure services and institutional capacity to support increased contribution of tourism in the local economy of the Samtskhe-Javakheti and Mtskheta-Mtianeti regions.




Media Contacts
In Washington
Elena Karaban
Tel : (202) 473-9277
Ekaraban@worldbank.org

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