Georgia to Develop Anaklia Port Under State Landlord Model After Chinese Consortium Exit

The Georgian government announced July 6 that it will develop and operate the Anaklia Deep Sea Port under a state-owned landlord model after a Chinese consortium left the project. S.

Companies. The Georgian Dream government canceled the original $2.5 billion contract in 2020. Officials re-awarded construction work to the Chinese group in mid-2024 before reports emerged by late 2025 that the consortium was no longer involved.

Economy Minister Mariam Kvrivishvili said the landlord model allows the state to partner with several countries and companies at once rather than a single entity. “The state will be the owner of the Anaklia Deep Sea Port. No one else will own a project that is so strategically important for our country,” she said.

Kvrivishvili added that the approach will create better conditions for attracting cargo. The government targets 2029 for the first phase to become operational. No major investors or terminal operators have been confirmed as of July 9.

Kvrivishvili said Tbilisi particularly welcomes investment from countries along the Middle Corridor trade route.