News

The Municipal Development Fund of Georgia is implementing the project for construction of internationally standardized stadium in Khashuri. Cost of the World Bank funded project averages GEL 6.1 million. Giorgi Shengelia, Executive Director of the Municipal Development Fund of Georgia and Giorgi Guraspashvili, Mayor of Khashuri were visiting the ongoing project site for inspection of works.

Maya Tskitishvili, Vice-Premier, Minister of Regional Development and Infrastructure of Georgia inspected school rehabilitation works ongoing in Samtskhe Javakheti villages Zarzma and Mokhe. Zarzma and Mokhe school rehabilitation works, which are part of Educational Infrastructure Rehabilitation Program, are being implemented by the Municipal Development Fund of Georgia operating under the MRDI.

The Municipal Development Fund of Georgia is completing design/construction works for Bakuriani by-pass road. The project at the cost exceeding GEL 6 million is funded by the European Investment Bank. Giorgi Shengelia, Executive Director of the Municipal Development Fund of Georgia was visiting the ongoing project site for inspection together with Besik Amiranashvili, Governor of Samtskhe-Javakheti region.

The Municipal Development Fund of the Ministry of Regional Development and Infrastructure of Georgia is commencing belvedere construction project to be implemented throughout the country. According to the project, belvederes are to be arranged in specially selected locations of various regions of Georgia - in the vicinity of cultural heritage monuments or next to the roads with remote panoramic views

The works for Dusheti Historical District envisages rehabilitation of buildings and structures of central part – Rustaveli, Erekle II, Chavchavadze, Kostava, St. Nino, Shamanauri Streets and of sites being in the vicinity of Central Park. On that section there are accumulated the distinguished samples of urban type buildings and structures with granted status of cultural heritage, built at the edge of the 19th and 20th  centuries.

Today, Maya Tskitishvili - Vice-Premier, Minister of Regional Development and Infrastructure of Georgia was visiting the recently rehabilitated Kobuleti castline together with Mamuka Bakhtadze – Prime-Minister, Giorgi Shengelia – Executive Director of the Municipal Development Fund of Georgia and other authorities representing central and Ajara Autonomous Republic governments.

The representatives of the European Investment Bank (EIB) along with the Deputy Minister of Regional Development and Infrastructure of Georgia Grigol Katsia, Executive Director of the Municipal Development Fund (MDF) Giorgi Shengelia and Authorized Representative of the State to Samegrelo-Zemo Svaneti - Aleksandre Motserelia visited the site of Sports Complex construction in Poti.

Georgian-Italian Business Forum held in Georgia was organized by the Embassy of Italy in Georgia, Italy's Foreign Trade Promotion Agency (ITA-ICE), Ministry of Economy and Sustainable Development, Ministry of Regional Development and Infrastructure of Georgia and  Georgian Chamber of Commerce and Industry.

With the support of the World Bank (WB), the Municipal Development Fund of Georgia (MDF) is to rehabilitate three buildings of Aleksandre Kazbegi Historical Museum Complex and to improve the condition of the yard of the Museum in borough Stepantsminda. The referenced three buildings are of Historical Museum, Al. Kazbegi Memorial House and Nikoloz Kazbegi (uncle to Al. Kazbegi) House.

Today the World Bank's Regional Director for the South Caucasus Mercy Tembon, Minister of Finance of Georgia Ivane Machavariani and Executive Director of MDF Giorgi Shengelia signed the Loan and Project Agreement at the cost of 90 million EUR for implementation of “Innovations, Inclusive Education and Quality” Project. The project will assist to human capital development by raising the availability of preschool education and providing qualitative education and favorable learning environment.