Economy Minister: Georgia to invest $7 bln in transport and logistics infrastructure by 2032

Georgian Economy Minister Mariam Kvrivishvili said the Government plans to invest approximately $7 billion in the country's transport and logistics infrastructure by 2032, highlighting the strategic importance of regional connectivity during the Georgia-Uzbekistan Business Forum.

Addressing business representatives from both countries on Wednesday, Kvrivishvili outlined several major infrastructure projects currently underway, aimed at strengthening Georgia's role as a regional transport and logistics hub.

"The Government will continue investing in the transport and logistics sectors. This includes the construction and modernisation of highways and roads, the development of our country's most strategic project - the Anaklia Deep Sea Port, the modernisation of Georgian Railways, including the addition of around 45 new locomotives and up to 1,500 railcars. We are also building a new international airport in the capital, with a capacity of 20 million passengers," the Minister said.

Kvrivishvili noted that the projects are expected to significantly increase cargo volumes, particularly along the Middle Corridor, which connects Central Asia with Europe via the South Caucasus.

"We are making large-scale investments not only to increase cargo capacity but also to transform our position from a transit and logistics hub into a country capable of accumulating cargo, producing goods and remaining a reliable partner in connecting East and West," she said.

The Minister added that cargo traffic statistics demonstrated strong growth, particularly in cooperation with Central Asian countries.

Speaking about cooperation within the Middle Corridor, Kvrivishvili stressed the importance of preparing infrastructure for both containerised and bulk cargo.

"We must be ready for the continued growth of Uzbekistan, Kazakhstan and Azerbaijan, and grow together with our partner countries. That is why it is essential to invest in key infrastructure today, enabling businesses to transport more cargo, develop additional logistics facilities and expand operational capacity. Our goal is to make the Middle Corridor not only one of the most competitive, but also the main and most reliable transport route," she said.