Friday, December 5, 2025

Georgia cuts funding for Anaklia deep sea port in 2026 budget

TBILISI, December 2 – Georgia has cut planned funding for the construction of the Anaklia deep-sea port, one of the country’s most ambitious infrastructure projects, according to the final version of the 2026 state budget submitted to parliament. The government now intends to spend 50 million lari (18 million USD) next year on the port’s … Read more

Work begins on Georgia’s long-delayed Anaklia port as talks with China’s CCCC drag on

TBILISI, October 22 – Georgia’s long-awaited Anaklia deep-sea port will receive its first ships by 2029, according to Deputy Minister of Economy and Sustainable Development Tamar Ioseliani, who spoke during a panel discussion at the Silk Road Forum in Tbilisi. Ioseliani described the project not just as a port, but as “a platform for services … Read more

Officials push back on claims Anaklia port work has stopped

TBILISI, October 2 – Georgia’s Ministry of Economy has rejected claims that construction of the country’s long-delayed Anaklia deep-sea port has stalled, insisting the project is moving ahead on schedule. In a statement, the ministry said preparatory and design works have been completed and a construction permit has been issued. Contractors are now finalizing assessments … Read more

Georgia risks losing cargo as two port plans in limbo

TBILISI, September 17 – Frustration is mounting in Georgia as both port renewal plans on the Black Sea have stalled. Poti’s USD 300 million expansion has been on the table since 2018 but remains frozen. The port’s director, Zviad Chkhartishvili, told Georgian media that Economy Minister Mariam Kvrivishvili has asked for two more months before … Read more

Georgia’s government wins arbitration case over Black Sea port project

TBILISI, July 31 – The Georgian government has scored a major victory in its long-running Anaklia deep-sea port dispute, as the it wins an arbitration case, confirming it was in its right to terminate the project. The ruling by the International Centre for Settlement of Investment Disputes in Washington dismissed claims filed by Bob Meijer … Read more

Embattled Georgian banker prepares to step into politics

TBILISI, DFWatch–Georgia’s embattled banker Mamuka Khazaradze is expected to launch a new opposition party on Thursday. The event will take place in Anaklia, a resort on the Black Sea coast and will mark the launch of what has until now been described as a “public movement”, which many expect will become a party strongly critical … Read more