Van Oord company to become shareholder of Anaklia Development Consortium
BAKU, Azerbaijan, October 21
By Tamilla Mammadova – Trend:
The Dutch company Van Oord will become the owner of a 4 percent stake in the Anaklia Development Consortium, Trend reports via Georgian media outlets.
A contractor firm from the Netherlands is ready to buy its stake for about $5 million. The Ministry of Regional Development and Infrastructure of Georgia confirmed that the government gave permission to sell the shares.
Earlier, the consortium introduced another potential investor to the government - Meridian company. It is seen as an alternative developer who will replace the American Conti International Group company. In August 2019, Conti International Group left the project for the construction of a deep-water port.
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