$2.5 billion contract to build and develop a deep-sea port in Anaklia on Georgia's Black Sea coast. The Anaklia Development Consortium is a joint venture of Georgia's TBC Holding and Conti International, a U.S.-based developer of infrastructure and capital projects. The consortium, selected in a tender, aims to start the construction of the port by the end of 2016 and finish it in three years. The port will have the capacity to berth container ships of the 10,000 TEU type and to process up to 100 million tonnes of cargo per year upon completion.
