diff --git a/scripts/manage_tx.py b/scripts/manage_tx.py
new file mode 100644
index 0000000000..74c5d8ac57
--- /dev/null
+++ b/scripts/manage_tx.py
@@ -0,0 +1,84 @@
+#!/usr/bin/env python
+
+import configparser
+import json
+import os
+import re
+from argparse import ArgumentParser
+from pathlib import Path
+
+from transifex.api import transifex_api
+
+ORG_SLUG = "python-doc"
+PROJ_SLUG = "python-newest"
+
+
+def _get_tx_token() -> str:
+    """
+    Try to get Transifex API token from some sources.
+    First try TX_TOKEN environment variable, then ~/.transifexrc file.
+    """
+    token = ""
+    if 'TX_TOKEN' in os.environ:
+        token = os.environ['TX_TOKEN']
+    else:
+        config = configparser.ConfigParser()
+        config.read(f"{os.path.expanduser('~')}/.transifexrc")
+        for section in config.sections():
+            if section in ["https://www.transifex.com", "https://app.transifex.com"]:
+                token = config[section]["token"]
+                break
+    return token
+
+
+def create_translation_project(new_project_version: str) -> str:
+    """
+    Creates a new Transifex project with versioned name based on python-newest
+    project_slug = slug of the translation project being created
+    project_name = name of the translation project being created 
+    p.* = Reference to the current python-newest project
+    r.* = Reference to a resource from from python-newest project  
+    """
+    p = PROJECT
+
+    project_slug = 'python-' + new_project_version.replace('.', '')
+    project_name = f'Python {new_project_version}'
+    print(f'Creating project: {project_name}')
+
+    versioned_project = transifex_api.Project.create(
+        description=project_name,
+        homepage_url=p.attributes.get('homepage_url'),
+        instructions_url=p.attributes.get('instructions_url'),
+        license=p.attributes.get('license'),
+        long_description=p.attributes.get('long_description'),
+        machine_translation_fillup=p.attributes.get('machine_translation_fillup'),
+        name=project_name,
+        private=p.attributes.get('private'),
+        repository_url=p.attributes.get('repository_url'),
+        slug=project_slug,
+        tags=p.attributes.get('tags'),
+        team=p.fetch('team'),
+        organization=ORGANIZATION,
+        source_language=p.fetch('source_language'),
+        translation_memory_fillup=p.attributes.get('translation_memory_fillup'),
+    )
+
+    print(f'{project_slug} created')
+
+
+if __name__ == "__main__":
+    parser = ArgumentParser()
+    parser.add_argument(
+        'version',
+        help='Python version currently assigned to python-newest (only major and minor, X.Y)'
+    )
+    args = parser.parse_args()
+
+    transifex_api.setup(auth=_get_tx_token())
+    ORGANIZATION = transifex_api.Organization.get(slug=ORG_SLUG)
+    PROJECT = ORGANIZATION.fetch('projects').get(slug=PROJ_SLUG)
+    RESOURCES = transifex_api.Resource.filter(project=PROJECT).all()
+
+    project_version = args.version
+
+    create_translation_project(project_version)