Georgia’s Prime Minister Irakli Kobakhidze says Anaklia deep-sea port construction will resume in the coming days, with project costs reduced after state expenditure optimization.
“We reviewed the agreement for the deepening of the Anaklia port and the construction of a breakwater, originally costing 203.9 million dollars. We also reviewed the agreement with the supervisory company. As a result, the project cost has been reduced by more than 25% — 52.5 million dollars. Construction in Anaklia will now resume with much reduced costs,” Kobakhidze said.
Under the contract signed in August 2024, the Belgian company Jan De Nul is responsible for dredging the seabed and installing the breakwater. The 2026 budget reduces financing for Anaklia port works by 100 million GEL to 50 million GEL.
Once the first phase is completed, the port’s annual throughput is expected to reach approximately 600,000 TEU (7.8 million tons of cargo), with the seabed deepened to at least 16 meters.
Although the Chinese state consortium CCCC won the May 2024 competition, the investment agreement has not yet been signed. If finalized, the Chinese side will take a 49% stake, invest millions of dollars, and manage the facility.
On March 26, 2026, Deputy Minister of Economy Tamar Ioseliani briefed Peter Andreoli, a representative of the Bureau of European and Eurasian Affairs of the US Department of State, on the progress of the Anaklia port project.
