Title:Georgian Railways Limited, Oil Transit - Assistance with Project Preparation
Budget:96,000 EUR
Dates: July, 2004 - December, 2004
Partner: Arup

In 2003 Georgian Railways Limited (GRL) approached the EBRD to finance the purchase of oil tank wagons and infrastructure maintenance equipment.
Corporate Solutions were invited to assist the EBRD in the due diligence required for approval by EBRD management. The objectives of the assignment were to provide inputs to all aspects of project preparation, namely:
(i)Traffic forecasting;
(ii) Review of the proposed investments;
(iii) Collection of financial data;and
(iv) Further recommendations for sector restructuring.