TODAY.AZ / Business

Georgia to receive $200,000,000 from Azerbaijan for implementation of the project of Baku-Tbilisi-Kars railroad

17 December 2008 [12:00] - TODAY.AZ
The successful implementation of the Baku-Tbilisi-Kars railway is going on.
Azerbaijan will issue another $130,000,000 to Georgia in 2009 for construction of the Marabda-Kartsakhi railway section and reconstruction of the railroad to Akhalkalaki, as reported at the fifth session of the Coordination Council on the project of the Baku-Tbilisi-Kars railroad.

On the whole, for its implementation Georgia will get $200,000,000 as a lax credit. There is a plan to complete the highway construction in 2011. It will communicate Asia to Europe, ensuring direct railway transportations from China to the Atlantic Ocean.

/Gruziya-Online/
URL: http://www.today.az/news/business/49631.html

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