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Georgia/Armenia: Construction Syndicate To Be Set

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  • 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.
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