Georgia Looks To Restart Deep Sea Megaproject

With international transit demand rising as a result of the Ukraine war, the Georgian government has revived discussions about constructing the controversial Anaklia deep sea port project. Georgia, the only South Caucasus country with access to the Black Sea, does not have a deep sea port that would allow it to reach its full transit potential. The multibillion-dollar Anaklia megaport project was supposed to fill that gap, but the government withdrew from the project in early 2020, citing the project’s failure to attract investment. …