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Khazaradze: Loan of Partnership Fund is Some Kind of “air-bag” for Anaklia Port

Khazaradze: Loan of Partnership Fund is Some Kind of “air-bag” for Anaklia Port

Partnership Fund will allocate senior loan of 100 million USD for construction of Anaklia Sea Port.

Mamuka Khazaradze, founder of Anaklia Holding declares that allocated loan is some kind of “air-bag”. This is the final instance credit, which might not be used by the company at all.

Businessman notes, that the sum is more expensive than the consortium could attract it at the highest percentage from external sources. Its usage is being discussed merely in force majeure circumstances.

To remind, implementation of project of $2, 5 billion is already started; preconstruction preparation works are being carried.