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March 28, 2018

Signing a memorandum on the construction of a new terminal

Batumi Sea Port and Wondernet Exspress International Logistics Company plan to build a new terminal in the port of Batumi. The terminal is intended for the transit of mineral fertilizers from Central Asia.
Today, March 22, 2018 signed an agreement on the conclusion of an investment agreement between the parties.
"This terminal will be part of a new logistics corridor: Central Asia, Azerbaijan and Georgia, and then through the Batumi seaport to transport cargo through the Black Sea," the official release reads.
The new logistics corridor will be the shortest and most convenient route from Central Asia to the Black Sea.
The technological project envisages the construction of transit terminals and storage facilities for the purpose of obtaining, storing and dumping mineral fertilizers. Warehouses are designed to store 60,000 tons of bulk fertilizers. The design of the transit terminal will be developed for all climatic conditions. At the initial stage, the terminal's production capacity allows processing of mineral fertilizers up to 1 200 000 tons per year.
"Wonderder Express" plans to invest $ 20 million in the construction of the terminal in the port of Batumi.
The project is being implemented with the participation of the Batumi Sea Port, the Georgian Railway and the Government of Georgia. The partner of the project is a trader company - Trammo AG.
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