Meeting with KFW Tbilisi Office Director
12, September 2018 12:19:00
Chairperson of Ajara government met with director of KFW’s Tbilisi office. The sides discussed the process of 5th phase of rehabilitation of the water system in the Ajara Autonomous Region and in the mountainous regions of Ajara. Issues of financing of Batumi municipal transport project were discussed as well.
The German Reconstruction and Development Bank help the Ajara municipalities to rehabilitate water system. Rehabilitation project is underway with the support of the Regional Government and the German Reconstruction Credit Bank. Water sector reform in Ajara is financed by German Credit Reconstruction Bank and financed by the EU Neighborhood Investment Fund. Its cost is 44 million euros. Investment period is calculated for 7 years.