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The government has selected

Posted: Mon Jan 06, 2025 3:56 am
by liton280
the Chinese consortium CCCC to implement the Anaklia Deepwater Port project.
The Georgian government named the Chinese state-owned corporation CCCC as the preferred bidder in the international competition announced in May 2024 to select an investor for the Anaklia Deepwater Port. It was the only one to submit a full investment proposal to the state, as MSC subsidiary TiL, which was in the final stage of the competition, did not submit a proposal. Based on this, CCCC was named the preferred bidder, which has been sanctioned by the US since 2020 due to the construction of artificial islands in the South China Sea for China's benefit, and American companies are prohibited from conducting financial transactions with it.

Minister of Economy Levan Davitashvili stated that work is Canada business fax list currently underway with the company to refine the investment proposal, only after that an investment agreement can be signed with the company. In addition, according to Levan Davitashvili, the work on deepening the bottom of the port in Anaklia, for which the Belgian company Jan De Nul was hired in August of this year, is progressing at a rapid pace.

According to the project, the first container ships should enter the Anaklia port in 2029. The investment cost of the first phase is $600 million and it envisages the construction of a terminal with a capacity of 600,000 containers per year.