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Batumi Sea Port Ltd and China’s Lianyungang port sign a memorandum of understanding

Batumi, Georgia (PortSEurope) July 1, 2019 – On May 20, Batumi Sea Port Ltd hosted a delegation from China’s Lianyungang port, and the two ports signed a memorandum of understanding (MoU).

The signing ceremony was attended by representatives of the mayor’s office headed by the mayor of Lianyungang city and by the Chairman of the Board of Lianyungang Port Holdings Group Company Limited. For Batumi Sea Port, the MOU was signed by the General Director, Meiramkhan Adylkhanov.

In May last year, Deputy Prime Minister and Minister of Economy and Sustainable Development, Dimitri Kumsishvili, met with delegations of the Chinese port of Lianyungang and the COSCO shipping group.

According to a ministry note, during the meeting the parties discussed the involvement of Georgia in the Belt and Road initiative, including the development of the so-called “central corridor”, which is reflected in the implementation of important transport infrastructure project , such as the port of Anaklia and the Baku-Tbilisi-Kars (Btk) railway transport corridor.

Batumi, together with Anaklia and Poti, has plans to develop into a hub to serve China’s new Silk Road. The port has been based on handling oil, and is now constructing a new terminal to store up to 60,000 tonnes of mineral fertilizers.

A detailed article on developments at the three ports can be read here.

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