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12 Dec 2022

Georgia: Road Corridor Investment Program, (Multitranche Financing Facility and Tranche 3)

The expected impact of the investment program was increased subregional trade. Tranche 3's envisaged impact was increased subregional trade and tourism revenues. The targeted outcome of the investment program and tranche 3 project was improved subregional road network.
This report validates the completion report's assessment of the multitranche financing facility and tranche 3. IED overall assessment: Less than successful.

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Independent Evaluation Department, Asian Development Bank
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