POLITICS

State Department report: While the government has stated its commitment to the construction of the Anaklia Deep Sea Port Project, a tender has not yet been announced

29.07.22 13:30


While the government has stated its commitment to the construction of the Anaklia Deep Sea Port Project, a tender has not yet been announced, reads the US State Department report on investment climate in Georgia.

 

The document notes that transit and logistics are priority sectors as Georgia seeks to benefit from increased East/West trade through the country.

 

"The Baku-Tbilisi-Kars railroad has boosted Georgia’s transit prospects and the government has looked for ways to enhance trade. In 2016, the government awarded the contract to build a new port in Anaklia to a group of international investors, including a U.S. company. However, in 2020 the government terminated its contract with the group, resulting in a legal dispute with the investor. While the government has stated its commitment to the construction of the Anaklia Deep Sea Port Project, a tender has not yet been announced.

 

Separately, logistics and port management companies in Poti and Batumi have started to develop and expand the Batumi and Poti Ports. In 2020, the owner of Georgia’s largest port, Poti Port on the Black Sea, announced its plans to create a deep-water port. In 2021, logistics companies completed two new terminal projects in Batumi and Poti ports," the document reads.

 

 

 

source: IPN 

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