News

Construction of subway station N23 is in progress. In May 2015 with ADB financial support MDF commenced construction of 23rd subway station “University“. Cost of the project amounts to GEL 83,000,670 which envisages entire rehabilitation of existing conserved tunnels.

The kindergarten is being constructed by Municipal Development Fund of Georgia in St. George District of Village Mukhrani, Mtskheta Municipality. The Minister of Regional Development and Infrastructure of Georgia - Zurab Alavidze, Authorized Representative-Governor of Mtskheta Mtianeti - Gocha Zeikidze and Executive Director of Municipal Development Fund – Galaktion Buadze have visited today construction process.

Construction of an Emergency Medical Aid Center undergoes construction in Tkviavi Village. The Minister of Regional Development and Infrastructure of Georgia - Zurab Alavidze, Acting Authorized Representative-Governor of Shida Kartli - Ioseb Okromelidze and Executive Director of Municipal Development Fund of Georgia – Galaktion Buadze visited the village of separating line aimed at observing conclusive works.

The new Museum is being constructed in the vicinity of Batoni Palace in Telavi City. Minister of Regional Development and Infrastructure of Georgia Zurab Alavidze, Executive Director of the Municipal Development Fund (MDF) Galaktion Buadze and Kakheti Governor Irakli Kadagishvili have conducted the site visit for construction works of the Museum.

The Municipal Development Fund of Georgia backed by the European Bank for Reconstruction and Development has purchased 144 garbage trucks and 7209 refuse bins for various municipalities of Georgia. Part of technical equipment was handed over to Borjomi Municipality by Zurab Alavidze, Minister of Regional Development and Infrastructure of Georgia and Galaktion Buadze, Executive Director of the Municipal Development Fund of Georgia.

The Municipal Development Fund of the Ministry of Regional Development and Infrastructure of Georgia has finalized tourist infrastructure arranging works in the vicinity of Dzveli (Old) and Akhali (New) Shuamta under Regional Development Project with the World Bank funding. Minister of Regional Development and Infrastructure of Georgia Zurab Alavidze, Metropolite of Alaverdi Monastery, Sovereign Davit Makharadze, Executive Director of the Municipal Development Fund of Georgia Galaktion Buadze and Kakheti Governor Irakli Kadagishvili conducted the site visit for Kakheti region, aimed at viewing accomplished works and opening of new tourist objects.

Decision on execution of the Contract for construction of the 2nd section of Tbilisi-Rustavi highway has been made. Executive Director of the Municipal Development Fund of Georgia Galaktion Buadze and representatives of Turkish Company “Seza Inshaat” identified as the Bidding winner company, have already signed the Contract. The project undergoes implementation within Sustainable Urban Transport Investment Program of the Asian Development Bank. Duration of the 6.4 km Tbilisi-Rustavi highway construction makes up 2 years. Contract price for construction works amounts to GEL 119 million.

Galaktion Buadze - Executive Director of the Municipal Development Fund of the Ministry of Regional Development and Infrastructure of Georgia and his First Deputy – Juansher Burchuladze held a meeting with the representatives of the European Investment Bank.

Executive Director of the Municipal Development Fund of Georgia Galaktion Buadze, Deputy Executive Director Davit Tabidze and Advisor on Project Management and Economic Issues Beka Toria have met the representatives of Spanish Company “COBRA ASSIGNIA”. Conducted meeting was of familiarizing character. Conversation held between the parties was about “University” Metro Station project being implemented by Municipal Development Fund of Georgia with financing of the Asian Development Bank at the cost of GEL 83,000,670.45.

The Municipal Development Fund of Georgia to be headed by Galaktion Buadze
Deputy Minister of Regional Development and Infrastructure of Georgia Galaktion Buadze to head the Municipal Development Fund of Georgia. Galaktion Buadze has been appointed at the position of the Executive Director of the Fund pursuant to the Decree #480 dated November 30th, 2016 issued by the Prime Minister of Georgia.