Multifunctional Marine Terminal at the Port of Poti Phase I
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Source: World Bank Group
The project involves the development,construction, and operation of a new multi functional marine terminal at the Port of Poti, Georgia. The terminal will require dredging work to depth of 12 meters. Cargo turnover will increase by 2.5 million tonnes. Sponsor is PACE Group. The total project cost is $ 120 million, of which phase I requires an investment of $ 93 million. OPIC will provide $ 50 mill
- Status
- Prospective
- Sector
- Water Supply and Storage, Seaport, Government, Commercial
- Location
- Georgia
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project involves the development,construction, and operation of a new multi functional marine terminal at the Port of Poti, Georgia. The terminal will require dredging work to depth of 12 meters. Cargo turnover will increase by 2.5 million tonnes. Sponsor is PACE Group. The total project cost is $ 120 million, of which phase I requires an investment of $ 93 million. OPIC will provide $ 50 million. Ground-breaking ceremony was held on 1 October 2019. https://www.pace.ge/projects/1 https://www.dfc.gov/sites/default/files/2019-08/9000003507.pdf |
Original sector | Transport |
Budget |
Location
Country | Georgia |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Water Supply and Storage, Seaport, Government, Commercial |
Article published date | 2024-09-27 |
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