Minister of Economy Levan Davitashvili

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It was the only one to submit a full investment proposal to the state, as MSC subsidiary TiL, which was in the final stage of the competition, did not submit a proposal. Based on this, CCCC was named the preferred bidder, which has been sanctioned by the US since 2020 due to the construction of artificial islands in the South China Sea for China's benefit, and American companies are prohibited from conducting financial transactions with it.


stated that work is currently underway with the company to refine the investment proposal, only after that an investment agreement can be signed with the company. In addition, according to Levan Davitashvili, the ireland business fax list work on deepening the bottom of the port in Anaklia, for which the Belgian company Jan De Nul was hired in August of this year, is progressing at a rapid pace.


According to the project, the first container ships should enter the Anaklia port in 2029. The investment cost of the first phase is $600 million and it envisages the construction of a terminal with a capacity of 600,000 containers per year. Georgia loses $383 million dispute with Turkish company ENKA over Namakhvan hydroelectric power plant The Georgian government has lost an international arbitration dispute with the Turkish company ENKA Insaat, which was implementing the Namakhvani hydroelectric power plant project.