Chinese firms to invest US$600m to develop Black Sea port in Georgia

Capt. John

TWO Chinese firms have won the rights to build and operate a deepsea port on the Black Sea, reports Singapore’s Splash 247. China Communications Construction Company and China Harbour Investment will develop the long-planned port at Anaklia in Georgia. The initial phase of Anaklia port development involves constructing a berth capable of handling 7 million tonnes of cargo and a 600,000 TEU container terminal, with a total investment value of US$600 million. The government will hold a...

https://www.seanews.com.tr/chinese-firms-to-invest-us-600m-to-develop-black-sea-port-in-georgia/200484/

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