Home / Business / Harbor, Park, Hippodrome and SEZ – Anaklia Port Investors Launch to Carry on Great Plans
Harbor, Park, Hippodrome and SEZ - Anaklia Port Investors Launch to Carry on Great Plans

Harbor, Park, Hippodrome and SEZ – Anaklia Port Investors Launch to Carry on Great Plans

The trees in the Anaklia port area will be transferred to a new, unprecedented park, which will be made in parallel to the port construction.

There will also be a hippodrome. Mamuka Khazaradze expects to meet the lovers of horses form Caucasus. Competitions will be held and Anaklia Awards will be granted.

Investors expect integration of the people from the region with the new project. This is a step to get closer to the Abkhazians, as “they will have some work to do jointly with Georgians” and it will serve the general interest of Enguri population.

A company, which will implement works of I Phase, should be revealed in the next week. According to Mamuka Khazaradze, the founder of TBC Group, priority was given to Georgian companies, whose qualifications fully meet the requirements for the works.

The port is fully built by a private company, which is also unprecedented. The state’s involvement means to bring 18-kilometer rail and motorway to the port, along with the land redemption. However, 120 million will be spent. Another 100 million is set as a last instance loan, as Mamuka Khazaradze explains, it is a guarantee for the project financiers that the state is also interested in the port construction.  It should be noted, that the state credit is expensive by 2% comparing to the most expensive credit line attracted by investors.

Investors of Deep Water Sea Port are planning to implement big projects, which envisage construction of the hippodrome, park and special economic zone along with the construction of the port. The project will start on December 24. The first new ship will enter Georgia in 2021.