Large Chinese company interested in Anaklia Port project

  • The delegation of the China Railway International Group visited Georgia yesterday. Photo from Georgia's Ministry of Economy., 8 Feb 2018 - 12:53, Tbilisi,Georgia

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 Black Sea city of Anaklia, near Georgia’s breakaway Abkhazia region.

The delegation of the China Railway International Group visited Georgia yesterday 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.

Meanwhile, an Italian company has expressed readiness to prepare a detailed project for building a railway infrastructure and road leading to Anaklia seaport.

Italian Spea Engineering S.p.A. is the only company that has taken part in the tender. The company requests about two 9.04 million GEL for developing detailed documentation; the top margin of the tender was set at 10.9 million GEL.

If the company wins the tender, it will be obliged to introduce a design for building a motorway, railroad and other infrastructure in 13 months.

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.