AD Ports Group has completed the acquisition of Tbilisi Dry Port, becoming the majority owner with a 60% stake. The rail-linked, and custom bonded intermodal logistics hub in Georgia is scheduled to be operational in October this year.
The new hub is strategically positioned between the Caspian Sea and Black Sea and includes a container freight station, warehouses and a car storage park. Serving as a key point of entry, exit and regional transit, it will accommodate manufacturers, shippers and consignees moving containers, vehicles and various goods for distribution and storage. The project has direct westward railway links to Türkiye and Georgian ports of Poti and Batumi, further connecting with Black Sea ports in Bulgaria and Romania.
The project will be completed in three phases. By the end of the initial phase, the annual handling capacity is expected to reach 96,500 TEU, with 10,000 m2 of warehouse and a car storage yard. Upon the completion of phase three, the project will have an annual handling capacity of 286,000 TEU, 100,000 m2 of warehousing and a significantly expanded car storage yard. Further land plots have already been secured and can be developed as and when needed, AD Ports points out.