"All Necessary Funds Have Been Mobilized for the First Phase of Construction for the Anaklia Port"
BM.GE
17.12.18 13:40
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400 million USD has been mobilized for the first phase of the construction of the Anaklia Port – says the co-founder of the Anaklia Development Consortium Badri Japaridze. According to him, the first phase of the construction requires a 550 million USD investment. “All necessary funding has been mobilized. Financial institutions have approved 400 million USD in loans. In terms of capital, we have positive news. Two important institutions are joining us: the Dutch Development Bank (FMO) and German Development Bank. Therefore, in terms of funding we made huge progress throughout 2018. Before the end of the year, it will be made known who the general contractor will be, i.e. who will implement the project. This will be an experienced company and will be selected from among the companies who are partaking in the tender at the moment.” – announced Badri Japaridze Author: Salome Metskhvarishvili
