The Anaklia Development Consortium signed a contract with maritime engineering company Van Oord to conduct pre-construction works for the Anaklai deep sea port, in Georgia.
The contracting ceremony followed the signing of an agreement by the government of Georgia that grants the Anaklia Development Consortium (ADC) the exclusive right to construct, develop and operate the 2.5 billion USD dollar deep sea port and industrial zone concession for 52 years.
The port construction will be constructed in nine phases, with 586 million US dollar already allocated by the consortium for the first phase.
The Anaklia Deep Sea Port is expected to be operational by 2020.
“Today’s agreement signifies a major commitment by the government of Georgia, who have been instrumental supporters of the Anaklia deep sea port from day one,” said Mamuka Khazaradze, co-founder of the Anaklia Development Consortium.
According to Khazaradze the government’s investment proves their confidence in the project. “And with experienced partners like Van Oord also on board, we are confident of bringing the project to a very successful completion.”
The signing ceremony at the site of the future port was attended by Georgia prime minister Giorgi Kvirikashvili, vice prime minister Dimitri Kumsishvili, Anaklia Development Consortium co-founders Mamuka Khazaradze and Kurt Conti, and Van Oord area director Govert Jan van Oord.
Silk road to China
The development of the Anaklia deep sea port is to give a major boost to Georgia’s trading capacity, and the primary hinterland countries of Armenia and Azerbaijan.
The new port will be well positioned to facilitate trade along the Silk Road, which should increase trade between Europe and the Western part of China.
Anaklia deep sea port will be constructed on about 400 hectares of land. The depth and infrastructure of the port will provide accessibility to Panamax and Post-Panamax sixed ships that cannot be served by any other port in Georgia.
Upon completion of the first phase and the opening, the port will have two entry container terminals. After completion of all phases, the port will have the capacity to serve 100 million tons of freight turnover.
The Anaklia Development Consortium is a joint venture between Georgia-based TBC Holding and US-based Conti international. Other key partners include the leading port designer Moffatt & Nichol and the Dutch maritime and transport advisory firm Maritime & Transport Business Solutions.
This news item is based on originally publications on the websites of Anaklia Development Consortium and Maritime & Transport Business Solutions (MTBS).