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Government Completes Buying off Lands in Anaklia – How Many Millions Go to Samegrelo

Government of Georgia has paid 56 047 307.08 GEL for buying off privately owned land plots in Anaklia for the purpose of construction of Anaklia deepwater seaport.

National State Property Agency told Business Course that the process of buying off the private property has been finished. The Government has bought off 402 properties, including houses and land plots.

At the same time, only 10 families rejected compensations out of 285 families. Therefore, the Government has resorted to expropriation mechanism, the agency representative noted.

It should be also noted that the value of some properties exceeded 1mln GEL. As a result, the country has 7 new millionaires.

WE remind you that Anaklia seaport construction project will be carried out in 9 phases. As a result, the seaport’s annual capacity will reach 100mln tons. About 568mln USD will be invested in the first phase, while 2.5bln USD will be invested in the second phase.