On 29 May 2024, the Georgian government announced that a consortium of Chinese state-owned companies would build the country’s first deep-sea port in Anaklia, a strategic position on Georgia’s Black Sea coast. The project intends to increase traffic, efficiency, and trade volume, while also presenting an alternative trading route to Russia. China Communications Construction Company (CCCC) and China Harbor Investment, alongside subcontractors China Road and Bridge Corporation and Qingdao Port International, were the only contenders to submit a final proposal for the construction and operation of the port, granting the PRC a 49% share. The choice of partners lacked transparency and some of the companies in the consortium are internationally sanctioned. CCCC was banned from World bank-financed construction projects from 2011 to 2017 for participating in fraud and bribery, and sanctioned by the US for promoting militarization in the South China Sea in 2020. And the Bangladeshi government blacklisted China Harbor Engineering Company for corruption in 2018.
Sanctioned Chinese companies picked to build Georgian port