The Minister of Economy and Sustainable Development of Georgia, Natia Turnava, says the government of Georgia supposedly will not extend commitment period as she can not see the prospect of postponing Anaklia Port project.

‘I don’t want to speak prematurely. Let’s wait for the deadline, but, of course, we do not have high expectations.

As for the postponement of the project, this is completely unreasonable.

This project delayed becouse of which our economy suffered enough.

I personally can not see the prospect of postponing the project.

The consortium issued a statement on December 16. As the document reads, Anaklia Development Consortium has identified an investor who is still interested in the project.

‘Despite the current situation that is outside the control of Anaklia Development Consortium, we have identified an investor who is still interested in the project. We informed the Government’s representatives during our meeting last week at the Ministry of Regional Development and Infrastructure of Georgia,’ the statement reads.

Anaklia Development Consortium: We have identified an investor who is still interested in the project https://t.co/ZiMQEj8Kdr

— Ghia Abashidze (@ghiageo) December 16, 2019