ADB OKs Money for Batumi

The Asian Development Bank (ADB) has approved a $20 million loan to stem coastal erosion around the popular Black Sea tourist destination of Batumi. 

Batumi, the capital of the Autonomous Republic of Adjara, with a population of more than 150,000, is one of the fastest developing cities along the Black Sea coast and plays a significant role in the country’s economy and tourism sector.

This coastal area attracts visitors from throughout Georgia and neighboring countries.

This investment will help halt coastal erosion at one of the country’s most popular summer seaside resort areas,” said Anand Chiplunkar, Director of the Urban Development and Water Division of ADB’s Central and West Asia Department. 

This loan, the fourth under a $300 million Sustainable Urban Transport Investment Program, a multitranche financing facility approved by ADB in 2010, is earmarked for coastal protection works along the 5 kilometer Batumi coastline where erosion threatens beachfront, roadways, bicycle lanes and buildings.

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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