IBRD Loan: US$28 million
Terms: Maturity = 30 years; Grace Period = 5 years
Project ID: P117860
Project Description: The objective of the additional financing for the First East-West Highway Improvement Project for Georgia is to assist the project affected in restoring their livelihoods in comparison to pre-project levels. The additional financing expands the project and will support the rehabilitation of the Rikoti Tunnel, repair its by-pass road, and strengthening institutions.