Georgia's Anaklia port to be built by Chinese consortium

Maria Novoselova / Vestnik Kavkaza

Georgian Economy Minister Levan Davitashvili said China Communications Construction Company Limited would be announced as the Georgian Government’s private partner for the Anaklia port project “in the coming days”.

"We have received proposals only from the Chinese consortium. They have submitted a detailed application proposal along with relevant bank guarantees. Therefore, in the coming days, we will declare the Chinese consortium as the winner and begin negotiations on the partnership agreement," Davitashvili said.

According to the minister, a state company had been established to become a partner in the joint venture responsible for developing and managing the Anaklia port.

"Simultaneously, alongside the selection of the private partner, preparations for construction works have been initiated. A state-owned company has been designated as a partner in the joint venture, having been provided with state-owned lands and necessary properties for the port’s development”, Davitashvili said.

Technical conditions for the construction works tender were prepared last year and after the application submission period ended about a month ago, three applications were received. International experts are currently evaluating these construction tender applications and a winning construction company will be announced in a few days to initiate construction work immediately.

© Photo :Maria Novoselova / Vestnik Kavkaza
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