Georgia/Armenia: Construction Syndicate To Be Set

GEORGIA/ARMENIA: CONSTRUCTION SYNDICATE TO BE SET

Regnum
October 2, 2008 Thursday
Russia

Georgia and Armenia are to set a construction consortium to build a
new motorway along the Black Sea coast. The road will pass through
Adjara and will help unclog Tbilisi – Batumi motorway.

Another road connecting Georgia and Armenia worth US$ 170mn (EUR
109.03mn) is already under construction and is to be completed in
two years.