Georgia’s government will need to mobilize an additional $200 million to develop the Anaklia deep-sea port under its revised “landlord model,” Economy Minister Mariam Kvrivishvili said, noting that overall project costs are being reshaped following the change in development approach.
According to the minister, the additional funding will cover three main components: ongoing marine works such as dredging and breakwater construction, transport connections including roads and rail links to Anaklia, and new core port infrastructure such as berths and related facilities. She said part of the financing will come from the state budget, alongside support from international financial institutions.
Kvrivishvili also noted that the government has already achieved around $50–52 million in savings through optimization of existing contracts for marine works, including dredging and breakwater construction. However, the shift in the development model has created the need for further investment.
Under the new landlord model, the state will fully own and build the core port infrastructure, while private international operators will manage terminals under long-term lease agreements. The government has also confirmed that no equity partner will be involved, replacing the previously planned structure that included a 49% private investor stake.
