News

From summer of 2019, an additional attraction will be added to touristic itinerary of town Mtskheta. The old movie theater building will be adapted to the modern, up-to-date archeological museum space. The project to the cost exceeding GEL 8,5 mln. backed by the World Bank is under implementation by the Municipal Development Fund of Georgia.

The Executive Director of the Municipal Development Fund (MDF) Gagi Buadze and Deputy Executive Director Ilia Ghudushauri have met with the representatives of the European Investment Bank (EIB). The parties have reviewed in detail the current projects and the ones scheduled within the “Georgian Urban Reconstruction and Development” Program, being implemented by MDF in various regions of the country with financial support from the EIB.

The Batumi coast protection works undergo execution by the Municipal Development Fund of Georgia (MDF). The project is being implemented with financial support from the Asian Development Bank (ADB) and its cost amounts to approximately GEL 56 million. MDF Executive Director Gagi Buadze and Deputy Executive Director Ilia Ghudushauri visited the site of current works.

The Municipal Development Fund of the Ministry of Regional Development and Infrastructure of Georgia is implementing Kobi-Gudauri cable-way design-construction works. The project at the cost of GEL 80,930,728.28 is backed by the Government of Georgia. Gagi Buadze, Executive Director of the Municipal Development Fund of Georgia together with his deputies Juansher Burchuladze and Ilia Ghudushauri was visiting the ongoing works’ site.

Zurab Alavidze, Minister of Regional Development and Infrastructure of Georgia together with local authorities has attended Zugdidi Botanical Garden rehabilitation project launching event. World Bank funded rehabilitation works at the cost of GEL 12 million will be implemented by the Municipal Development Fund of Georgia.

Internal roads of the villages undergo active rehabilitation. The Municipal Development Fund (MDF) with the European Investment Bank (EIB) financing implements rehabilitation of up to 4 km section on Rokhi and Salominao linking vehicle road in the villages of Baghdati and Vani Municipalities.

Construction of the Waste Water Treatment Plant (WWTP) is to be finalized at the end of the year. The project is being implemented by the Municipal Development Fund (MDF) with the financial support of the Swedish International Development Agency (SIDA).

Rehabilitation of the 15-km road is completed in Zestaponi Municipality. The project backed by the European investment Bank was implemented by the Municipal Development Fund of Georgia; its total cost averages GEL 6 million.

The Municipal Development Fund of Georgia has completed reconstruction of Soccer School in Martvili Municipality Village Sergieti. The project was backed by European Investment Bank.

Tbilisi-Rustavi road undergoes active construction. The project at the cost of GEL 119 million considers construction of the most difficult section of up to 7 km length.
Minister of Regional Development and Infrastructure of Georgia (MRDI) Zurab Alavidze along with the Director of the Municipal Development Fund (MDF) Gagi Buadze inspected the works on site. Minister inspected pace of project progress and quality of works.