Off the wire
• China to develop medical partnerships to offer better service  • Norovirus outbreak in Beijing likely to last till June  • Chinese premier holds talks with Sao Tome and Principe counterpart on cooperation  • Mainland, Taiwan to cooperate more in intelligent manufacturing  • Zuma celebrates 75th birthday with pledge to win fight against racism  • China places 4th in women's team sprint at cycling worlds  • Huawei grants scholarships to outstanding Bulgarian students for 3rd year running  • 13,000 migrants illegally enter EU in March: Frontex  • U.S. stocks open lower amid geopolitical worries  • Zambia consoles Egypt over church bombings  
You are here: 　 Home

Georgia to spend 10 bln USD on infrastructure projects: PM

Xinhua, April 12, 2017 Adjust font size:

Georgia will invest as much as 10 billion U.S. dollars to upgrade its infrastructure in 2017-2020, Georgian Prime Minister Giorgi Kvirikashvili said Wednesday.

After presenting to the parliament an action plan for the country's infrastructure development, Kvirikashvili told reporters that the government has planned to implement about 2,500 infrastructure projects in the next four years.

"These projects will involve the construction and reconstruction of about 1,000 km of roads as well as the modernization of the water supply system for 500,000 people," he said, stressing that upon the completion of those projects, some important livelihood issues will be resolved.

"We are carrying out an unprecedented amount of investment for these 2,500 projects. About 10 billion dollars will be spent on infrastructure projects in 2017-2020," he added.

Georgia, located at the junction part of Central Asia and Eastern Europe, has been committed to becoming a transportation hub for Asia and Europe in recent years.

Currently, many railway and highway projects are under construction with the financial aid of international organizations. Endi