Tbilisi (GBC) – Georgia has signed a EUR 200 million loan agreement with the Asian Development Bank (ADB) to fund the construction and rehabilitation of sustainable water systems in rural areas.

The agreement was signed on Monday by Finance Minister Lasha Khutsishvili and ADB Country Director Leslie Bearman Lam. According to the Ministry of Finance, the project aims to ensure that rural water infrastructure meets modern standards and improves access to clean water for local populations.

The ministry noted that this marks the first use of ADB’s Results-Based Financing (RBL) mechanism in Georgia , a framework that links disbursements directly to achieved results.

The Ministry of Infrastructure will serve as the executive agency for the program, while implementation will be carried out by the Georgian United Water Supply Company LLC.