ADB issues loan for Georgia
The Asian Development Bank (ADB) has approved $108 million loan for Georgia to finance improvement of water supply system in Zugdidi and sewerage system in Poti, towns in Samegrelo region in western Georgia, ADB’s Georgian office reported.
The loan is fourth tranche in $500 million funding designed for upgrades to water and sanitation services in secondary towns in Georgia under ongoing Urban Services Improvement Investment Program (USIIP).
ADB has previously approved three tranches of the program totaling $218 million.
"Creating high-quality and reliable water supply in the face of increasing demand is one of the priorities of the government," said Kathie Julian, country director in ADB’s Georgia resident mission. “USIIP supports the government of Georgia’s long-term sector development plan to invest around $1.6 billion to deliver safe water and sanitation services to all urban residents by 2020.”