The throughput capacity of the Poti Port will increase to 3 million tons following the completion of Phase II of the project, with an additional 50 jobs expected to be created, the Minister of Economy and Sustainable Development, Mariam Kvrivishvili, said at a ceremony marking the start of construction of a new berth at the Poti Port.
Kvrivishvili noted that an additional $40 million will be invested in the new Poti Seaport, while total investments have already reached $93 million to date.
“This project is a direct and effective response to the growing demand for our country’s transport and logistics sector. It opens new prospects for economic development and strengthens regional ties,” Kvrivishvili said.
She stated that the expansion will significantly increase the port’s capacity, improve operational efficiency, and accelerate cargo processing, adding that this will enhance Georgia’s regional competitiveness.
Kvrivishvili also highlighted broader trends in regional trade, saying cargo flows through the Middle Corridor have increased significantly. She said cargo volumes rose by 21% in the first five months of this year, while ship traffic in Georgian ports increased by 19%.
The minister added that the government is pursuing a coordinated transport development policy, aimed at integrating ports, railways, international highways, and logistics centers into a unified system.
“This includes the development of the new Poti Seaport, the construction of the Anaklia deep-sea port, the modernization of railway infrastructure, and the development of the East-West road corridor,” she said.
As part of the project, the US International Development Finance Corporation (DFC) has signed a second $25 million loan agreement with PACE Group.
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DFC signs $25 million loan with PACE Group for Poti port expansion
