Anaklia deep-sea port

22/3/2019
Project development

$ 3.7 billion

Announced

22/3/2019


Overview:

  • Anaklia deep-sea port.
  • The port on the Black Sea on the coast of Georgia is part of the so-called 'new silk road' which is attempting to create a new logistical route between China and Europe.
  • The port is being backed by a $100 million investment from the Georgian government and in early 2016 the contract for its construction was handed to the Anaklia Development Consortium (a joint venture of the Georgian development company TBC Holding and Conti Group).
  • The Port will have the capacity to process 100 million tons of cargo.
  • Alongside the container port itself a new town and free industrial zone is also expected to be created to support the development.

Sam Duke - Editor

Jurisdictions:

France
United Kingdom
Georgia

Deal type:

Project development

Practice area:

Project development

Industry sectors:

Transport
Logistics


Firms:

Party: Anaklia Development Consortium (Project developer)


Party: European Bank for Reconstruction and Development (EBRD) (Lender)

Party: Asian Development Bank (Lender)

Party: Overseas Private Investment Corporation (OPIC) (Lender)

Party: Asian Infrastructure Investment Bank (Lender)


Party: Anaklia Development Consortium (Project developer)


Party: European Bank for Reconstruction and Development (EBRD) (Lender)

Party: Asian Development Bank (Lender)

Party: Overseas Private Investment Corporation (OPIC) (Lender)

Party: Asian Infrastructure Investment Bank (Lender)


Party: Ministry of Economy and Sustainable Development of Georgia (Grantor)