Commercial Contract for NCB-11 and NCB-12 Projects in Georgia SignedDate: 05/20/2021
On May 13, the Company signed a commercial contract with the government of Georgia for seven bid sections of NCB-11 and NCB-12 projects. President of the Roads Authority of the Ministry of Regional Development and Infrastructure of Georgia Giorgi Tsereteli and Vice President Levan Kupatashvili attended the signing ceremony, and Vice President Salome Tsurtsumia signed the contract with CRBC’s representative.
Giorgi Tsereteli congratulated CRBC on winning the bid again, affirmed the achievements made in the F3 Bid of E60 Expressway and the NCB-10 Project under construction, and believed that CRBC could continue to perform the contract for the newly signed projects.
The seven bid sections of the NCB-11 and NCB-12 projects are all located in the Guria State of Georgia, with a total length of 62.2km. The main works include the restoration of existing roads and bridges, related protection and ancillary works. The projects, upon completion, will greatly improve the local traffic conditions, promote the development of tourism and service industries in the surrounding areas, and benefit the local people.