2016-30 - Georgia, Anaklia New Deep Water Black Sea Port

     

    2016-30 - Georgia, Anaklia New Deep Water Black Sea Port

    Maritime project. New construction. Port will be constructed in Anaklia, Samegreo-Zemo Saneti Region, Western Georgia. The location, a few miles south of the existing town was selected because it there is a deep water approach channel that comes close to the shore in this location.

    2016-30 - Georgia, Anaklia New Deep Water Black Sea Port.png

    Technical description

    The Anaklia Development Consortium (ADC) is developing the Anaklia Deep Sea Port and the Anaklia Free Industrial Zone in the Black Sea Region. Both developments are granted through an investment agreement provided by the Ministry of Economy and Sustainable Development of Georgia for the rights to develop, finance, design, construct, operate, market, manage, and grow the Anaklia region.

    The Anaklia Development Consortium is a joint venture between TBC Holding LLC, which is based in Georgia, and Conti International LLC, a major United States-based developer of infrastructure and capital projects. Other key partners include the port designer Moffatt & Nichol and the port transaction advisor Maritime & Transport Business Solutions from the Netherlands.
     

     

    2016-30 - Georgia, Anaklia New Deep Water Black Sea Port (technical description).png
    Source: Maritime Journal, Georgia plans new deep-water port

     

    ADC has completed a concept design for Anaklia Port and Free Industrial Zone. The Anaklia Deep Sea Port will cover approximately 400 hectares of land, and the consortium will have exclusive rights to use the land for 49 years.

    Major aspects are the following:

      • Creation of a port capable of accommodating Post-Panamax Size Ship
      • Optimized land footprint (less than 40% of total 1,000 hectares).
      • Flexibility for multiple cargo and vessel types (Panamax, Handymax, Aframax)
      • Maximized facility throughput (intermodal, modern STS cranes, automation).
      • Minimized waterfront (dry bulk and liquid piers on breakwater).
      • Eco-friendly sustainable practice

     

    The development of the new port is structured along several phases:

      • Phase 1: cargo turnover (throughput) of at least 7 million tons of cargo per annum
      • Phase 2: cargo turnover (throughput) of at least 14 million tons of cargo per annum
      • Phase 3: cargo turnover (throughput) of at least 21 million tons of cargo per annum
      • Phase 4: cargo turnover (throughput) of at least 30 million tons of cargo per annum
      • Phase 5: cargo turnover (throughput) of at least 40 million tons of cargo per annum
      • Phase 6: cargo turnover (throughput) of at least 55 million tons of cargo per annum
      • Phase 7: cargo turnover (throughput) of at least 70 million tons of cargo per annum
      • Phase 8: cargo turnover (throughput) of at least 85 million tons of cargo per annum
      • Phase 9: cargo turnover (throughput) of at least 100 million tons of cargo per annum
    Applicant/promoter/sponsor
    Ministry of Economy and Sustainable Development of Georgia,

    Anaklia Development Consortium LTD (TBC Holdings and Conti Group).

    Investment amount
    The total estimated costs of the project are 2,5 bln. USD, for which Phase I 586 mln. USD. Government will provide 1000 hectares of land plot and necessary hinterland connections (rail-road). Total cost of the Governmental Commitment is approximately 100 ml. USD.
    Implementation schedule
    Starting of construction works is planning: final dates will be determined in the Investment Agreement which is under negotiation as of today. The first phase is to begin in July 2016 and end in 2019. The rest of the timeline will be dictated by the market with and all phases should be implemented by 2030.
    Status
    Negotiations on the Investment Contract with ADC is being finalized.
    Expected impacts on transport, environment, social, other
    • Enchantment of Georgia's role as regions transit and logistics hub
    • Creation of thousands of new jobs;
    • Improvement of social-economic situation in Samegrelo-Zemo Svaneti Region
    Sources of funding
    Anaklia Development Consortium, State funds
    References

     

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