Anaklia port construction to start this year - PM
The Government head said the Economy Ministry was working to prepare “relevant procedures”, and added while submissions from investors would be anticipated, the Government would “not wait for them, we will start the work this year”. Photo: Government Administration
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The long-anticipated construction of the Anaklia deep sea port on Georgia’s Black Sea coast will start this year, Prime Minister Irakli Garibashvili announced on Monday.
Making the announcement at the weekly Government meeting, Garibashvili said the Government would hold a 51 percent share in the major infrastructural project, while bidding for the remaining 49 percent would be announced for international investors.
The Government head said the Economy Ministry was working to prepare “relevant procedures”, and added while submissions from investors would be anticipated, the Government would “not wait for them, we will start the work this year”.
He also noted the project for the port was seen as a part of infrastructural works “in all directions”, citing ongoing “active” construction works for roads and highways, as well as airport expansions, across the country.
Following the Government meeting, the Ministry of Economy said it was announcing a call for expressions of interest in the port project, with an interdepartmental commission chaired by Vice Prime Minister and Economy Minister Levan Davitashvili deciding to task the Ministry with “selecting the best investor for the project in a few months, with the involvement of international consultants”.
Simultaneously with running the call for submissions, the Government will update the existing engineering and environmental studies and start “certain construction works” required for the port, the Ministry of Economy said.
Following the authorities’ receipt of expressions of interest, a joint company will be established with the selected investor, with the resulting enterprise “ensuring the raising of funds necessary for the implementation of the project” and facilitating the construction works and beginning of operations of the facility.
The working group and the commission, with the help of international consultants, will assess the applications in a period between one and two months depending on the number of applications, the Ministry also noted.
Georgian Prime Minister Irakli Garibashvili on Monday announced the Government was planning to “urgently” launch an international competition for selecting investors to complete the Anaklia deep-sea port on western Georgia’s Black Sea coast, adding the project would also involve state participation.
The Georgian Government has plans to hire a consulting group which will ensure aid in selection of investors and other mandatory procedures for facilitating the construction of the deep sea port in Georgia’s Black Sea town of Anaklia, Georgian Economy Minister Levan Davitashvili said on Monday.
The Georgian government will start the process of selecting a new potential investor for the Anaklia Deep Sea Port project in the near future, Georgian Prime Minister Irakli Garibashvili announced earlier today.
Georgia is taking a considerable step forward by enhancing its historic role on the Silk Road route, developing its economy and taking its logistic opportunities to the next level by starting construction of the Anaklia Deep Sea Port.
The World Bank’s assessment of Georgia’s logistics capabilities has jumped from 119th to 79th position in its latest Logistics Performance Index, marking an improvement of 40 spots in the report assessing countries’ ability to move goods across borders with speed and reliability.
Georgian Economy Minister Levan Davitashvili on Friday said that Swiss-Luxembourger and Chinese-Singaporean companies had moved to the second stage of selection process of a private partner for the Anaklia deep sea port project earmarked for western Georgia’s Black Sea town.
Georgian Economy Minister Levan Davitashvili on Friday highlighted the “great” potential of Georgia’s transport infrastructure for growth and development while speaking at a plenary session of the Parliament.
Georgian Economy Minister Levan Davitashvili on Wednesday said Georgia had “a serious perspective” to become a regional transport and logistics hub.
Requests for proposal documents for the qualified candidates for the construction of Anaklia deep sea port on Georgia’s Black Sea coast were discussed and approved on Friday in an interdepartmental commission led by Economy Minister Levan Davitashvili.
Irakli Kobakhidze, the candidate for the position of the Prime Minister of Georgia, on Wednesday said construction of the Anaklia deep sea port in the country’s north-west would be “one of the main priorities” of his Government.