Investment agreement between Georgian government and Anaklia Development consortium has been signed, the agreement implicates construction and operation of Anaklia deep sea port.
The Port of Anaklia sits on the shortest route from China to Europe, a route that has become a major focal point of Chinese investments in infrastructure. As such, the port will attract high-value cargos seeking the fastest travel between Chinese and European Markets. This cargo represents significant upside for the port and will create robust returns for shareholders.
In addition to Anaklia being the a geographically ideal location for port development, the city is the last technically feasible location for a new deep sea port in Georgia.