Georgia has secured EUR 26 million from the EBRD for the Tbilisi Waste Processing Project | Rustavi2

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26 June 2024, 18:19

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20:44
As a result of the natural disaster, the tin cover of the dome of the Alaverdi Monastery was damaged, roof was damaged, windows were broken - Cultural Heritage Agency

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Shalva Papuashvili sends a response letter to the President of the Venice Commission regarding the procedure for electing CEC members

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Parliament heard the Report of the Public Defender on the situation of protection of human rights and freedoms in Georgia for 2023
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Six opposition parties sign the Declaration of Unity

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Health Care and Social Issues Committee approved the exemption from the administrative fines imposed on the citizens during the pandemic

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Georgia has secured EUR 26 million from the EBRD for the Tbilisi Waste Processing Project

20-02-2024 16:18

Georgia has secured 26 million Euros from the European Bank for Reconstruction and Development (EBRD) for the Tbilisi Waste Processing Project.

A Loan Agreement was signed on 20th February 2024, by and between EBRD and Georgia. Lasha Kutsishvili, Minister of Finance o Georgia and Alkis Vryenios Drakinos, Regional Director of EBRD for Caucasus signed the document.

Furthermore, an agreement was reached today between Tbilisi Municipality and EBRD for project support. Kakha Kaladze, Mayor of Tbilisi and Alkis Vryenios Drakinos, Regional Director of EBRD for Caucasus signed this agreement.

The project, funded jointly by EBRD and the Green Climate Fund (GCF), aims to allocate 26 million euros for the Tbilisi waste recycling project.

These funds will be utilized to establish essential waste treatment infrastructure, including the construction of sorting and materials recovery facilities.

The implementation of the project will be overseen by Tbilisi Municipality through Tbilservice Group LLC. The project implementation agreement was signed by David Pachulia, Director of Tbilservice Group LLC and Alkis Vryenios Drakinos, Regional Director of EBRD for Caucasus.

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