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Investor: Construction of Anaklia Sea Port Will Start as Scheduled

Investor: Construction of Anaklia Sea Port Will Start as Scheduled

Levan Akhvlediani, executive director of “Anaklia Development Consortium” declares, that applications on operation of Anaklia Sea Port will be finished late August, by the beginning of September.

According to Akhvlediani, financial data and technical details of the company is being studied in terms of making investments. Finally the operator company should be named late this year.

He declares, that 6 candidates have submitted the applications, including companies from Asia, Europe, Middle East and our region.

“As of the current ongoing processes, we have all base to say that construction of the Port will start in Q2 of 2017”, – Akhvlediani notes.

To remind, construction of Anaklia Port will be held in several stages. The port will start operating no later than 3 years after the start of construction.

Besides, the private investments of the Port, Georgian government will make investment of $100 million in the development of railway and road communication.