Tbilisi will receive funding for the modernization of metro stations
The European Bank for Reconstruction and Development (EBRD) will provide a loan of 50 million euros for the Tbilisi Metro. The funding will be used by the Tbilisi Transport Company to modernize and rehabilitate 10 metro stations. It is reported by Railway Supply magazine with reference to RailwayPro.
In October, Mayor Kakha Kaladze announced that Tbilisi metro stations would be modernized and adapted for disabled passengers with financial support from international financial institutions, including the EBRD.
A $25 million project involving the construction of a second entrance to the Akhmeteli Theater station is expected to be completed and work to upgrade the stations will begin.
In 2020, Tbilisi was granted a €75 million loan to modernize the metro network. The EBRD has committed to provide €65 million in financing, with €10 million covered by the Green Climate Fund. The loans will be used to modernize the Tbilisi metro, including the purchase of 10 four-car metro trains worth $50 million.
The project is part of a broader program to help the city reform its public transport management by funding upgrades to bus and metro systems and restructuring the network. It is being implemented as part of the Green Cities 2 initiative and is a continuation of the Green City Tbilisi Action Plan.
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