Prime Minister Irakli Kobakhidze said there is strong international interest in the Anaklia deep-water port project and that the government is ready to negotiate with all interested parties to ensure its effective operation.
Speaking in Singapore, Kobakhidze said interest comes from countries in the region, the South Caucasus, Central Asia, the Middle East, and European private companies. He noted that attracting cargo flows will be the key factor in the port’s success, and cooperation will be established with those offering the best conditions.
The prime minister said the updated development model will protect Georgia’s strategic interests while allowing the involvement of multiple states and companies. He added that contract revisions helped reduce project costs by $50 million, lowering the original $200 million agreement.
Under the new model, the Georgian state will build the port instead of a private investor, with around $200 million expected from international donors. After construction, the state plans to lease port infrastructure to private logistics operators, while terminal facilities are expected to attract $350-400 million in private investment. Current construction works include seabed dredging, coastal infrastructure, and a breakwater project carried out by Belgian company Jan De Nul.
