MDF to implement the large scale project

July 4, 2018

Georgia is to receive the financial support from the Nordic Environment Finance Corporation(NEFCO) in order energy efficiency of public buildings to be improved. On July 4th, 2018 Finance Minister of Georgia Mr. Nikoloz Gagua, Executive Director of the Municipal Development Fund (MDF) Mr. Giorgi Shengelia, Managing Director of NEFCO Mr. Magnus Rystedt and Senior Investment Manager Mr.  Bo Eske Nyhus, signed the Loan, Grant and Project Agreements aimed at financing of as follows: “Improvement of Energy Efficiency of Public Buildings in Georgia, Applying of Renewable and Alternative Energy”. The project will be implemented by MDF.