All Georgia articles
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NewsJoint venture to manage upgraded Baku – Tbilisi – Kars railway
ASIA: An equally-owned binational joint venture is to be set up to manage the Azeri and Georgian sections of the Baku – Tbilisi – Kars railway once current upgrading works are completed. Azerbaijan’s and Georgia’s state railways currently hold sole responsibility for the sections of line ...
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NewsMiddle Corridor joint venture to co-ordinate China – Europe rail freight
INTERNATIONAL: The national railways of Kazakhstan, Georgia and Azerbaijan have formed an equally-owned joint venture to develop multimodal services on the Trans-Caspian International Transport Route between China and Europe. The agreement to create Middle Corridor Multimodal Ltd was signed at the Silk Road forum in Tblisi ...
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NewsGeorgian freight terminal to support Trans-Caspian International Transport Route
GEORGIA: Kazakhstan-based logistics group PTC Holding has begun construction of a multimodal freight terminal at the Black Sea port of Poti to support growing traffic on the Trans-Caspian International Transport Route between China and Europe. PTC said the war in Ukraine had seriously affected global logistics, ...
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Metro Report InternationalMetro train contract cancelled because of international sanctions
GEORGIA: The city of Tbilisi has announced that it is to terminate a contract for Metrowagonmash to supply metro trains, because the Russian manufacturer is now subject to sanctions imposed by Georgia’s international partners as a result of the Russian war against Ukraine. ‘Georgia enforces international ...
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Metro Report InternationalTbilisi metro train order back on again
GEORGIA: An aborted contract for Russia’s Metrowagonmash to supply metro trains to Tbilisi has been renegotiated, the city has announced. Financing was agreed with the European Bank for Reconstruction & Development in February 2020, and following an international tender Transmashholding subsidiary Metrowagonmash was awarded €49·2m contract ...
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Metro Report InternationalEBRD backs Tbilisi metro station modernisation
GEORGIA: The European Bank for Reconstruction & Development has agreed to provide a €50·6m sovereign loan to finance modernisation of 12 Tbilisi metro stations. The financial package includes a €5m grant from the Green Climate Fund. The stations will get better lighting and ventilation and more ...
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Metro Report InternationalTbilisi cancels order for Russian metro trains
GEORGIA: The city of Tbilisi has cancelled an order for TMH’s Metrowagonmash subsidiary to supply 11 four-car metro trains. The European Bank for Reconstruction & Development is unable to finance the previously announced order because of international sanctions imposed following the Russian invasion of Ukraine. Mayor ...
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NewsSix policy reforms to strengthen railways in Central Asia
ASIA: An Asian Development Bank assessment of the state of railways in the 11 countries of the Central Asia Regional Economic Co-operation Programme has set out six reforms that ADB believes are needed to make rail more efficient and financially sustainable. The CAREC area covers Afghanistan, ...
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NewsTrans-Caspian rail and sea freight route to Europe launched
INTERNATIONAL: Nurminen Logistics’ first full-length container service from China to central Europe via the Trans-Caspian International Transport Route left Chongqing on May 10. The containers will travel by rail through Kazakhstan to the port of Aktau, across the Caspian Sea to Azerbaijan and then by rail ...