“The project for Tbilisi dry port, an initiative involving construction of a multimodal inland terminal to serve rail and road container shipments, is set to start functioning by the end of the year in the Georgian capital with investments from the United Arab Emirates’ Abu Dhabi Ports Group,” - the Minister of Economy and Sustainable Development of Georgia Levan Davitashvili said.

The Ministry said the Group had acquired a 60 percent stake in the facility and already injected $16 million into the project.

Levan Davitashvili and a delegation of the Group, led by Ahmed bin Ali Al Sayegh, the Minister of State of the UAE, attended the presentation of the project earlier today.

Davitashvili said the project signaled great potential for the Middle Corridor, a logistics route connecting Central Asia and China to Europe via the South Caucasus through Georgia.

"Located six kilometres from the Tbilisi International Airport in the Georgian capital city, on an area of 283,000 square metres, the port will feature class A and B warehouse spaces and have an annual capacity of up to 200,000 twenty-foot equivalent unit. Georgia is among the first countries to have signed a comprehensive economic cooperation agreement with the UAE, which is a significant foundation that will further strengthen our economic ties in the future”, - Levan Davitashvili said.