Georgia is one step closer to creating a new, faster maritime corridor between China and Europe, helping to restore the historic Silk Road by building the Anaklia Deep Sea Port and the construction of Anaklia Deep Sea Port is now underway. This is called Georgia’s largest project of the 21st century.

Anaklia Development Consortium will invest $2.5 billion and develop the port on a build, operate and transfer basis, allowing larger ships to enter Georgian waters for the first time, thus expanding the country’s export potential and ability to act as a transport corridor.

The Anaklia Deep Sea Port development will be separated into nine phases. At the end of the final phase it must be able to handle 100 million tonnes of cargo per year. The opening of the first phase of the port and receiving the ships in Anaklia is planned for 2021. Anaklia Deep Sea Port will be the start of Georgia’s transformation from a transit country into a country of production, logistics and industrial development.

The news is collated by ChinaRubberFender.com – Marine Fender Supplier.