Business
Posted: 4 years ago

Dutch Investor to Put 5 million USD in Anaklia Seaport Development

Dutch company VAN Oord will buy a 4% stake in Anaklia Development Consortium by investing 5 million USD in the project development.

Government of Georgia has already entitled Anaklia Development Consortium to sell shares to Van Oord. In 2018 the company implemented works for deepening the Anaklia seaport bed.

Government of Georgia plans to explore expediency of admitting one more investor Kazakh-Hong Kong Company Meridian, which is to replace Conti Group.

The Government is to take a final decision on the mentioned company on October 29.