Georgia’s government plans to mobilize an additional $200 million for the first phase of the Anaklia deep-sea port under its new “landlord” model, Economy Minister Mariam Kvrivishvili said, responding to BMG’s question at a briefing. The funding will be split between the state budget and international financial institutions, as negotiations with external lenders are already underway.
According to the minister, the shift to a fully state-owned model—where the government holds 100% of the port—has increased the state’s financial obligations. However, she noted that cost optimization in ongoing dredging and breakwater works has already generated savings of about $50–52 million, reducing the additional burden.
Kvrivishvili explained that the state investment will cover three main components: ongoing marine construction works (dredging and breakwater), road and railway connections to Anaklia, and the construction of core port infrastructure such as berths and related facilities, which was not part of the previous model.
The total estimated investment for the Anaklia port project is around $1.1 billion. Under the previous plan, a private Chinese investor (CCCC) was set to take a 49% stake, while the state would hold 51%. Under the revised landlord model, the state remains the sole owner, while international operators will manage terminal operations through long-term leases.
