09.Jan .2020 14:07

Turnava: searching process of Anaklia's new investor will be transparent

Turnava: searching process of Anaklia's new investor  will be transparent
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"We are confident that searching process of the new investor will be transparent," said Natia Turnava, Minister of Economy and Sustainable Development of Georgia at today's briefing.

At the meeting, cabinet members decided to terminate the agreement with the Anaklia Development Consortium. Infrastructure Minister Maia Tskitishvili says that the decision was triggered by the fact that the consortium failed to meet its obligations within the set deadline.

Economy Minister Natia Turanava says the decision was quiet logical.

"At today's government meeting, a perfectly logical decision has been adopted and the contract was terminated with the Anaklia Development Consortium. This termination is absolutely logical given that we have been providing unprecedented support to this project since 2017, including legal as well as financial and political. Today, we must have operating Port, which should employee persons and process cargo. We had to receive much advantage related to that strategically important project”, she noted.