In early 2020 the Georgian Government canceled the multibillion-dollar Anaklia Port Project. Anaklia Development Consortium — the project’s developers — have accused the Government of trying to deliberately sabotage the project because the government fears pressure from Russia, did not want western
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The FINANCIAL — The Anaklia Development Consortium is the company originally selected by the government of Georgia to develop the Anaklia Port project. The company has released a statement yesterday, September 9. The statement claims the government ran a campaign to undermine the
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The FINANCIAL — The Anaklia Development Consortium (ADC) and Mr. Bob Meijer, one of its principal investors, on 29 July filed separate arbitration claims against Georgia in relation to their rights in the Anaklia Port Project. Together the two claims seek to recover
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