The European Investment Bank will allocate funding for construction of Samtredia - Grigoleti - Choloki international importance road. The Minister of Regional Development and Infrastructure Mr. Ramaz Nikolaishvili and EU Ambassador Philip Dimitrov signed the grant agreement, and the Minister of Finance Mr. Dimitri Gvindadze and the Vice-President of European Investment Bank Mr. Wilhelm Molterer signed the loan agreement. The grant agreement includes allocate of 20 million euros, and the loan agreement includes to allocate 170 million euro of long-term and preferential terms. This section of the road is the one segment of the East - West Highway E60. The construction works of international importance road, with length about 70 km, will be implemented by the Department of Road of the Ministry of Regional Development and Infrastructure of Georgia. The infrastructure will be developed along the new road. About 5,000 - people will be employed, directly and indirectly on construction works, most of whom are the local population, living in rural areas. Samtredia- Grigoleti - Choloki road will facilitate the easy movement, will contribute to the development of tourism in the resort Grigoleti, and will support economic development of the regions Guria and Imereti.