Tbilisi Dry Port, which has been operating in a test mode for 1 month, will officially open on June 3. Jemal Inaishvili, Chairman of the Supervisory Board of Tbilisi Dry Port, announced this on "Business Morning".
He noted that an investment of USD 50-55 million will be made in the second phase of the project.
"We are moving directly to the second phase of the construction. The second phase envisages the construction of class A warehouses with a total area of approximately 50,000 square meters. We could not start this if we had not completed the first stage. I can say in advance that the total investment will be approximately 50-55 million USD, but this might increase. We also want to own container platforms. Today we are dependent on the railway, there is a deficit in some cases, and therefore, together with our partners, we are thinking of creating our own wagon park for container transportation, which requires additional investments," said Jemal Inaishvili.
Last year the Arab Abu Dhabi Ports Group (AD Ports Group) became the owner of a 60% share of the Tbilisi Dry Port and the main partner. The investment in the first phase of the project amounted to USD 20 million.
