POTI SEA PORT - THE GATEWAY OF THE CAUCASUS REGION AND THE “SILK ROAD”

Journal Title: INNOVATIVE ECONOMICS AND MANAGEMENT - Year 2020, Vol 7, Issue 3

Abstract

Seaports are the most important guarantee of growth and stability of the Georgian economy. At the same time, in the current context of pan­de­mics and COVID-restrictions, shipping acquires special significance in the face of lockdowns and multilateral bans. In the present article, we have tried to present the current situation and pr­o­spects related to the cargo turnover of the Poti Port, its increase and, in general, its efficiency increase, to evaluate the expected results and ad­vantages of the port expansion. The issue of expansion of the Poti Port has been discussed for several de­cades and relevant studies have been conducted in this regard. In 2011, the conceptual plan for the renewal and optimization of the new port of Poti was developed. These studies were commissioned by APM Te­rminals Poti and conducted by Royal Haskoning DHV. The expansion of Poti Seaport will increase the competitive advantage of Georgian-made businesses and will have a direct impact on co­n­s­u­mers. Port container cargo capacity will increase to 1 million TEUs, and 60,000 tonnes of Panamax-type bulk cargo vessels will be provided w­ith efficient new port infrastructure and facilities. In total, the annual ca­rgo capacity of the port will increase by an additional 10 million tons.

Authors and Affiliations

VAKHTANG TAVBERIDZE

Keywords

Related Articles

PARLIAMENTARY REFORM IMPLEMENTATION IN UKRAINE: MAIN OBJECTIVES AND ACHIEVED RESULTS

The article provides a deep analysis of the issues related to the implementation of the parliamentary reform in Ukraine. It is highlighted the different aspects of this reform, i.e.: legislative capacity and legislative...

POTI SEA PORT - THE GATEWAY OF THE CAUCASUS REGION AND THE “SILK ROAD”

Seaports are the most important guarantee of growth and stability of the Georgian economy. At the same time, in the current context of pan­de­mics and COVID-restrictions, shipping acquires special significance in the fac...

STATE POLICY FOR ENVIRONMENTAL SAFETY OF THE AGRICULTURAL SECTOR

The level of development of the country depends on the implemented state policy not only in the field of innovation, but also in the field of socio-economic and environmental development. Ukraine has virtually no conditi...

THE ROLE OF DECENTRALIZATION OF POWER IN PROMOTING THE INNOVATIVE DEVELOPMENT OF THE STATE

The article provides an in-depth analysis of issues related to improving the effectiveness of decentralization of power in order to ensure economic development. The implementation of the process of decentralization...

NUTRITIONAL VALUE OF JUICES OBTAINED FROM WILD-GROWING BERRIES AND THEIR ECONOMIC EFFICIENCY

The paper discusses the biochemical composition of wild-growing berries and natural juice obtained from them. Its nutritional, biological and economic value has been established. Berry juice is an integral part of a heal...

Download PDF file
  • EP ID EP694034
  • DOI https://doi.org/10.46361/2449-2604.7.3.2020.45-50
  • Views 144
  • Downloads 0

How To Cite

VAKHTANG TAVBERIDZE (2020). POTI SEA PORT - THE GATEWAY OF THE CAUCASUS REGION AND THE “SILK ROAD”. INNOVATIVE ECONOMICS AND MANAGEMENT, 7(3), -. https://europub.co.uk/articles/-A-694034