Georgia Wins More World Bank Backing for Infrastructure Investments

The World Bank is offering another USD45 million to improve regional and municipal infrastructure in Georgia.

Through the Municipal Development Fund, the project will extend loans and grants to support infrastructure investments of Georgian municipalities. It also aims to render technical support to participating municipalities, with the objective of ensuring sustainable services.

The bank has previously allocated USD40 million to the project. 

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.