Preparing the North-South Corridor (Kvesheti-Kobi) Road Project (ADB-51257-002)

Countries
  • Georgia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Aug 1, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Ministry of Regional Development and Infrastructure of Georgia
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Infrastructure
  • Technical Cooperation
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.75 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Disclosed by Bank Aug 2, 2018


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Can you contribute information about this project?
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Project Description

This project provides technical assistance to improve the Kvesheti - Kobi road section on the North-South Corridor, and strengthen the capacity of the Roads Department and technical universities on the construction, operation, and maintenance of large bridges and tunnels.

The technical assistance for this project will include due diligence, capacity development, and support for procurement. 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Ministry of Regional Development and Infrastructure of Georgia
Irakli Karseladze, First Deputy Minister
irakli.karseladze@georoad.ge
12 Khazbegi Str. 0160 Tbilisi Georgia

ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main