In 2010 the 'Georgian Railways' company invested 137.6 million lari ($78.4 million). The programme of re-equipping freight cars was fulfilled. 1500 freight cars were purchased for $48.6 million. 16 new passenger cars were purchased for $9.3 million. Full repair of locomotives was carried out for $9.9 million and of electric trains for $4.2 million, Business Georgia reports.
This year Georgian Railways received two major loans. In July it put its European obligations, estimated at $250 million, on the international financial markets.
The second loan, of 100 million euros, was given by the European Bank for Reconstruction and Development.
