Georgia’s Economy Minister, World Bank delegation discuss cooperation in transport sector

Cooperation, including ongoing and future joint projects, were discussed on Thursday in a meeting between Mariam Kvrivishvili, the Minister of Economy and Sustainable Development of Georgia, the World Bank’s Regional Director for Infrastructure in Europe and Central Asia Charles Cormier and the World Bank Regional Director Rolande Pryce.

Several key areas were addressed during the meeting, with particular attention paid to cooperation in the transport sector.

This cooperation, among other important issues, includes promoting the development of the Middle Corridor, digitalization of transport corridors, as well as significant reforms being implemented with the direct support of the World Bank.

The officials discussed investments planned for Georgia’s transport infrastructure, with special emphasis on the Anaklia Deep Sea Port project.

The Georgian side provided World Bank representatives with information on the project’s progress, planned investments, and the expected outcomes of port development, which include increasing Georgia’s total annual port capacity by at least 600,000 containers.

The parties also discussed the construction of railway and road access to the Anaklia port.

One of the important topics discussed was the progress of the Black Sea submarine cable project.

The Georgian side highlighted the active work carried out within the framework of the project and the progress achieved, including with World Bank support.