Tbilisi, Georgia (PortSEurope) December 7, 2022 – Prime Minister of Georgia Irakli Gharibashvili has met with representatives of APM Terminals which operates a facility in Georgia’s Black Sea port of Poti.
The government sees a lot of potential in the port and is interested in Georgia playing a productive tole in the development of the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor. Cargo traffic along the corridor is increasing, providing a growing business for ports on the Black and Caspian Seas. Many ports around the seas are expanding, and Georgia does not want to miss out.
The Tbilisi prime minister discussed the potential of the Port of Poti and its expansion plans. Since acquiring the port, APM Terminals has invested over $8 million and further expansion is planned.
PortSEurope: APM Terminals plans to start construction of a new terminal in Georgia’s Poti in 2022
Representatives of APM Terminals expressed their willingness to invest more and modernize the existing infrastructure.
Attendees at the meeting included: Igor van der Essen, the regional director for Europe and Africa from APM Terminals; and Julian Fernandes, the general director of APM Terminals Poti; and from Georgia, Levan Davitashvili, the vice-prime minister, the minister of economy and sustainable development.
Development of Poti is in contrast to the Anaklia Deep Sea Port project. Anaklia Deep Sea Port was to have been the first Georgian deep water container port with state-of-the-art infrastructure and equipment. In January 2020, the Anaklia port project was cancelled by the government. The issue is embroiled with international, political and business interests.
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