Georgian port of Batumi is set to acquire a new terminal that will store up to 60,000 tonnes of mineral fertilizers, as part of the local authorities’ efforts to diversify activities in the port and turn it to a larger economic hub.
Wondernet express, Trammo and the government of Georgia have joined forces to construct the new terminal which will cost just under 17.5 million euros, according to data provided by Euronews.
The multimodal terminal will handle mineral-based fertilizers coming from Central Asian countries to the Caspian Sea port of Baku, in Azerbaijan.
From there they will be transported by rail to Batumi on Georgia’s Black Sea coast.
The transport corridor is expected to become the shortest and most efficient route for products from Central Asia to the Black Sea.
It could also enhance the geopolitical profile of the involved countries. From the Black Sea goods can easily get on to the European market.
The new terminal is expected to be operational by the summer of 2020.
