World Bank Regional Director for the South Caucasus: The Middle Corridor is Crucial for Georgia's Economic Transformation

The Middle Corridor is crucial for Georgia's economic transformation, Roland Pryce, World Bank’s Regional Director for the South Caucasus, told journalists.

According to Roland Pryce, the Middle Corridor will drive GDP growth in Georgia.

"The report examines how to ensure world-class trade and logistics through the Middle Corridor. According to the report, trade volume will quadruple, transit time along the corridor will decrease by 66%, two million jobs will be created, and the region's GDP will grow by an average of 3.3%. In Georgia's case, the forecast indicates that GDP will grow by 3.6% by 2040. Employment figures will also see significant growth," stated Roland Pryce.