Government to discuss issue of investment agreement with Anaklia Development Consortium
Government to discuss issue of investment agreement with Anaklia Development Consortium

The government will discuss the issue of an investment agreement with Anaklia Development Consortium at the nearest sitting. The government will make the decision about continuation of the strategically important Anaklia Deepwater Port project.

According to the statement of the Ministry of Regional Development and Infrastructure, the Consortium failed to meet the taken commitments about the allocation of credits from international banks and contracts with potential investors and construction companies.

The deadline set by the government to Anaklia Development Consortium expired on December 31 of 2019.

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