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Anaklia Development Consortium & Principal International Investor File Arbitration Claims Against Georgia

Anaklia Development Consortium & principal international investor file arbitration claims against Georgia

Source: Anaklia Development Corporation

Anaklia, Georgia (PortSEurope) July 31, 2020 – The Anaklia Development Consortium (ADC) and one of its principal investors have a filed a legal claim against the government of Georgia regarding the status of the Anaklia deep seaport project. In response, Georgian Economy Minister Natia Turnava has commented that the consortium is trying to politicise the issue and prevent the government from finding a new investor, and that the consortium itself did not cope with fulfilling…

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