Conti International remains shareholder of the Anaklia Development Consortium

The U.S.-based Conti International remains a shareholder of the Anaklia Development Consortium, the Anaklia Development Consortium announced on Friday.

"Due to high public interest, the Anaklia Development Consortium would like to announce: we were informed today that Conti International has changed its mind and remains a shareholder of the Anaklia Development Consortium,” the Consortium said.

Levan Akhvlediani, director general of the Consortium, told InterPressNews that Conti Group still owns a 42% share in Anaklia Holding.

It was announced on August 15 that as the U.S.-based Conti International, one of the main partners of Anaklia deep sea port project, decided to quit the Anaklia Development Consortium.