Chinese company interested in Anaklia Port project

One of China’s largest companies, China Railway International Group, is interested in investing in Georgia’s Anaklia Deep Sea Port project, which is underway on the shores of the Georgian city of Anaklia.

The delegation of the China Railway International Group visited Georgia and met the country’s Economy Minister Dimitry Kumsishvili to show their interest in the Anaklia Deep Sea Port project and find future cooperation perspectives.

In particular, the China Railway International Group showed interest in being actively involved in the implementation of the Anaklia Port project in terms of investment and construction, Agenda.ge reported.

The construction of the port kicked off earlier this month, while the opening of the first phase of the port and the docking of ships in Anaklia is planned for 2021.

Anaklia Deep Sea Port development will be separated into nine phases and its investment cost is an estimated $2.5 billion.