Jeju, Republic of Korea, June 19, 2017

AIIB, Georgia Sign Loan Agreement for Batumi Bypass Road Project

Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB) and Dimitry Kumsishvili, First Vice Prime Minister and Minister of Finance of Republic of Georgia, signed a loan agreement during the second annual meeting of Board of Governors for a US$114 million loan for the construction of approximately 14.3 kilometer modern highway bypassing Batumi port city on the Black Sea coast.

Logos for Download

Our logo is available in JPEG and PDF format.

DOWNLOAD

Media Contact

Alice Lo

Senior Press Officer

+86 185 1380 2639

SEND AN EMAIL

VIEW MORE NEWS

SUBSCRIBE TO OUR RSS

More News

Beijing, China, March 26, 2020

AIIB’s USD60-M Solar Investment in Oman Supports Diversified Energy Mix

The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD60-million loan to increase Oman’s renewable power generation capacity and reduce the country’s dependence on gas and other fossil fuels for electricity generation. This is AIIB’s first nonsovereign-backed financing in the country’s renewable energy sector.

Beijing, China, March 25, 2020

AIIB To Scale Up Public Health Infrastructure in Wake of COVID-19

Recognizing that countries with fragile infrastructure have less capacity to handle health crises, the Asian Infrastructure Investment Bank (AIIB) is working to scale up infrastructure investment—including in public health, healthcare and information and communications technology (ICT)—to better serve members impacted by COVID-19.

Beijing, China, March 03, 2020

USD200M AIIB Loan to Help Increase Electricity Access in Bangladesh

The Asian Infrastructure Investment Bank (AIIB) has approved a USD200-million loan to Bangladesh to increase access to electricity and improve service efficiency in the capital of Dhaka and the country’s western zone.

Home News and Insights Media Center News AIIB, Georgia Sign Loan Agreement for Batumi Bypass Road Project

About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Headquartered in Beijing, we began operations in January 2016 and have now grown to 102 approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that over time will impact the lives of billions and build a better future.

Headquarters

B-9 Financial Street, Xicheng District, Beijing 100033, China
Tel: +86 10 8358 0000

Updates

Join Us

Quick Links