24 November 2024,   06:18
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Minister of Economy attends the presentation of Tbilisi Dry Port project

The project for Tbilisi Dry Port, an initiative involving construction of a multimodal inland terminal to serve rail and road container shipments, is set to start functioning by the end of 2024 in Tbilisi with investments from the United Arab Emirates’ Abu Dhabi Ports Group.

According to the Ministry of Economy, the Group had acquired a 60% stake in the facility and already injected USD 16 million into the project. As the Minister of Economy said, the project signalled “great potential” for the Middle Corridor, a logistics route connecting Central Asia and China to Europe via the South Caucasus through Georgia.

Located 6 km from the Tbilisi International Airport, on an area of 283,000 square metres, the port will feature class A and B warehouse spaces and have an annual capacity of up to 200,000 twenty-foot equivalent unit.

“Now exactly this kind of investment is being carried out, which aligns with our policy and priority of developing the Middle Corridor infrastructure to enhance its global competitiveness. The entry of professional operators into Georgia for this project sends a strong signal to cargo owners and other partners that this route has significant potential and is progressing well. Transport and logistics are one of the Government’s key economic priorities. We have 10% increase in cargo shipments between the 2 countries in just a few months of 2024, with around 0.5 million containers handled in their ports”, - said Levan Davitashvili.

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