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Anaklia port becoming commercially attractive in crisis aftermath

Anaklia port becoming commercially attractive in crisis aftermath
Anaklia port becoming commercially attractive in crisis aftermath

''The deep port of Anaklia is a strategic project of the Georgian government,'' Georgian Economic Minister Natia Turnava said.

As Turnava says, in the crisis aftermath, the Georgian investment strategy will depend on the specific nature of the country having access to the Black Sea, and the role of the deep port is vital.

''Many global companies relocate… we can be the number one choice for them and attract them. In this respect, Georgia's attractiveness is caused due to its proper geopolitical location,'' Turnava stated, adding the access to the Black Sea and developed port infrastructure represent Georgia's advantage.

She says Poti and Anaklia ports are becoming more critical in the aftermath of the COVID-19 pandemic.

''Anaklia Development Consortium will no longer resume the implementation of the Anaklia port project,'' Georgian Minister of Economy Natia Turnava said today.

This week the Anaklia Development Consortium showed readiness to attract additional investment with the Georgian government and to continue working on the Anaklia port project.

The Georgian government officially terminated the contract with the Anaklia Development Consortium on January 9, 2020.

Afterward, it began searching for a new investor.

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