Even though it was becoming apparent in 2019 that the Government was actively trying to prevent the Anaklia Project from proceeding, ADC persevered in making every effort to continue project construction while protecting the environment from dust emissions. In fact, ADC had prepared for Government approval a thorough plan for managing this issue, with the cost to be carried by ADC.
The Government unlawfully seized possession of the site in February 2020 following its wrongful termination of the investment agreement with ADC. Because of this expropriation, ADC was prohibited from further access to the site and thus was never able to carry out the plan it had designed. The sole responsibility for managing the property transferred to the Government.
However, left barren, the site is now generating considerable volumes of dust, causing damage to the environment as well as threatening nearby residents with potentially serious respiratory health problems. Even though the Government understood the steps it should take to manage these environmental and health risks, it took no action, leading to the situation which exists today," - reads the statements.
Further details of the Anaklia Port project and ADC can be found here.
See all the news
საქმის კურსი - 28.01.2021 - კოლაჟი
Regional Statistics of COVID-19
მთის კურორტებზე არსებული ბიზნესი ხელისუფლებას შეხვდა - გეგა სალუქვაძე საქმის კურსში
შესაძლოა, ბაზრობები 15 თებერვლამდე გაიხსნას
“აჭარისწყალი ჯორჯიას” ახალი აღმასრულებელი დირექტორი ჰყავს
Fines for Violation of Traffic Rules in Azerbaijan Amounted to USD 55 MLN during Jan-Sep 2020
Key Highlights in Global and Regional Markets
EASTERN EUROPEAN DNS FORUM WAS HELD IN GEORGIA
რატომ ვერ ვმართეთ კორონავირუსი? - #Forbesკვირა პროლოგი გიორგი ისაკაძე
Q&A: Ek Law Office
LVMH and Tiffany Agree on Lower Price for $16 Billion Takeover
Woman in Charge
Hualing FIZ: Four New International Companies to Establish Free Zone Businesses in Georgia
U.S. Investment Firm Asks Republic of Georgia for License to Mineral Rights on Block 12
Focus on Georgia - ADB
Focus on Ganja Gap in Nagorno-Karabakh’s Regional Conflict
Scientific Community Calls for Action Against Lockdowns
Georgian Government seize foreign-owned asset, referred to International Arbitration
Studying Abroad Costs Georgian Students €10,000–15,000