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World Bank approves $372 million project to strengthen Georgia’s role in Middle Corridor

The World Bank Group’s Board of Executive Directors has approved a USD 372 million project aimed at improving Georgia’s transport infrastructure and strengthening its role in the Trans-Caspian Transport Corridor, a key trade route connecting Europe and Asia. World Bank says the Trans-Caspian Transport Corridor – Georgia Accessibility and Transport Enhancement (TC-GATE) Project will finance upgrades to rail freight capacity, modernisation of strategic road segments, and reforms designed to improve the efficiency and resilience of Georgia’s transport sector. [...]