Anaklia Port, Baku Port to explore new opportunities for market growth
Baku, Azerbaijan, Sept.28
By Leman Zeynalova – Trend:
Anaklia Deep Sea Port and Baku International Sea Trade Port will become the game changer and raise awareness of Middle Corridor, Anaklia Development Consortium (ADC) told Trend.
“We will continue discussions regarding our cooperation, and together explore new opportunities for market growth. Anaklia together with Baku Port will become the game changer and raise awareness of Middle Corridor, which is the shortest route between Europe and Asia,” said the consortium.
Further, ADC said that Anaklia Port is in process of construction, Phase 1, which is planned to be completed by the end of 2020.
“When Anaklia Deep Sea Port is operational, in Phase 1, it will have the capacity to handle 1 million containers and 1.5 million dry bulk, as it will able to berth the Panamax and Post Pamanax, 10 000 TEU vessels, that are too large to call any of the existing Georgian ports,” said the consortium.
Anaklia Deep See Port and Baku Sea Trade Port signed a memorandum of understanding in November 2017. The signing ceremony took place during the Belt and Road Summit 2017 which was held in Tbilisi, Georgia.
Anaklia Development Consortium (ADC) is an international consortium which combines international and local companies with specialized experiences in their respective fields. It is working with the government of Georgia to execute and fulfill Anaklia Deep Sea Port project.
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