BAKU, Azerbaijan, October 29
By Tamilla Mammadova – Trend:
Meridian Capital NL B.V has declared it will be unable to invest in the Georgian Anaklia Deep Sea Port project, Trend reports citing Georgian media outlets.
The Georgian Ministry of Regional Development and Infrastructure said in a statement that Meridian Capital NL B.V has presented a written appeal to the Ministry, stating that it is unable to contribute to the Anaklia Deep Sea Port project as an investor.
“After the American company Conti International Group decided to quit the Anaklia Deep Sea Port project, the Anaklia Development Consortium introduced Meridian Capital NL B.V to the Government of Georgia. October 29 was set as the deadline for the approval of the new investor, which would replace Conti International Group," the Meridian Capital's declaration reads.
On October 28, a representative of the Meridian Capital NL B.V submitted a written appeal to the Ministry of Regional Development and Infrastructure. The appeal stated that Meridian Capital NL B.V is unable to participate in the Anaklia Deep Sea Port project as an investor at this stage. The company asked the Georgian government to suspend all ongoing procedures regarding the approval of Meridian Capital NL B.V.
The Ministry of Regional Development and Infrastructure of Georgia takes the request of Meridian Capital NL B.V into consideration and expresses its readiness to support all the investors with relevant experience, financial and business reputation to participate in Anaklia Deep Sea Port project, the report said.
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