Deputy Minister of Economy and Chair of the Supervisory Board of the Anaklia Deep Sea Port State Company, Tamar Ioseliani, stated that the government expects greater clarity soon regarding the selection of a private investor for the Anaklia Port.
This follows the 2024 international competition in which the Chinese state consortium CCCC was named the preferred participant. A final investment agreement with CCCC has yet to be signed -one year and seven months later - despite the initial plan to transfer 49% of the Anaklia Port Company to the investor, who would commit hundreds of millions of dollars for the port’s operation. The first phase of the project is valued at up to $600 million. Government officials emphasize that any agreement will not include guarantees for loans or cargo.
“Issues with six key points remain under discussion,” said Prime Minister Irakli Kobakhidze in September 2025. Tamar Ioseliani added, “We continue working on selecting a private investor and believe we will have greater clarity very soon.”
Despite the absence of a confirmed private investor, Ioseliani reaffirmed that the Anaklia Deep Sea Port is expected to receive its first ship in 2029. Preparatory work by the Belgian contractor Jan De Nul is underway, with active construction - including dredging and breakwater installation -scheduled to begin soon. In 2026, the government will allocate GEL 50 million for the port’s infrastructure works, part of the $204 million contract signed in August 2024.
