"Anaklia development consortium" declares lack of support from the state

2019/12/65211-1576567443.jpg
Read: 915     11:00     17 Декабрь 2019    

"It is important for the investor to see direct support from the state, both in relation to the project and the investors themselves, but so far we have not received a similar position from the state on this issue, "the Anaklia development Consortium said in a statement.

"Despite the current situation, which is beyond the control of the Anaklia development Consortium, we have found an investor who is still interested in the project. We briefed government representatives at a meeting last week at the Ministry of regional development and infrastructure.

ADC will use every opportunity and means to move the project forward while we await the government support needed to complete negotiations with investors and secure the future of the project. We want to avoid legal disputes and hope that the government will provide the support necessary to continue and successfully complete the project,"the Anaklia development Consortium said in a statement.

Recall that today the interim deadline expires, when the "Consortium for the development of Anaklia" must submit loan agreements signed with banks. December 31 is the deadline for the consortium to raise equity and sign the relevant contracts to complete the construction of the port.

apsny.ge





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"Anaklia development consortium" declares lack of support from the state

2019/12/65211-1576567443.jpg
Read: 916     11:00     17 Декабрь 2019    

"It is important for the investor to see direct support from the state, both in relation to the project and the investors themselves, but so far we have not received a similar position from the state on this issue, "the Anaklia development Consortium said in a statement.

"Despite the current situation, which is beyond the control of the Anaklia development Consortium, we have found an investor who is still interested in the project. We briefed government representatives at a meeting last week at the Ministry of regional development and infrastructure.

ADC will use every opportunity and means to move the project forward while we await the government support needed to complete negotiations with investors and secure the future of the project. We want to avoid legal disputes and hope that the government will provide the support necessary to continue and successfully complete the project,"the Anaklia development Consortium said in a statement.

Recall that today the interim deadline expires, when the "Consortium for the development of Anaklia" must submit loan agreements signed with banks. December 31 is the deadline for the consortium to raise equity and sign the relevant contracts to complete the construction of the port.

apsny.ge





Tags: