“Anaklia Development Consortium “does not intend to pay the penalty for termination of the contract. Executive Director of the Consortium Levan Akhvlediani stated this.
As for the amount of the fine, imposed by the Ministry of Infrastructure, is up to $ 115,000.
According to them, along with the penalty, the ministry also wants the consortium to return the land that the government has redeemed during the development of the Anaklia Port Project.
According to the ministry, the total value of the land is up to GEL 60 million.
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