Poti Port: Phase 1

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 39858

Status Completed

Location

Georgia

Business Sector

Transport

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 39858

Status Completed

Location

Georgia

Business Sector

Transport

Notice Type

Private

Environmental Category

Disclosure date

08 Feb 2010

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Project Description

The EBRD is considering the financing of the rehabilitation of existing Berth 14 within the existing Poti sea port. This Berth will be rehabilitated for use as a container terminal. Funds will be used for dredging, paving and replacement of part of the top end of the quay, together with the purchase of mobile harbour cranes, reach stackers and an empty container handler.

Transition Impact

The project is expected to have a significant transition impact. In the first instance, private sector participation will allow funds to be mobilised to develop the new port, which could not be achieved by the public sector alone. The end result will be Georgia’s ability to maximise its potential as a transit country. Second, the private sponsor is providing a new and experienced management team together with training programmes facilitating the transfer and dispersion of skills. Finally, the sponsor has been tasked and is implementing measures to improve corporate governance at the Port.

The Client

The borrower is JSC Poti Sea Port Corporation, a private company which owns and operates Poti Sea Port.

EBRD Finance

EBRD will provide a senior loan of up to EUR 8 million for Phase 1 of the port development plan. The remaining project costs will be financed by the client.

Project Cost

EUR 10.1 million (for Phase 1).

Environmental Impact

The project was screened B under the Bank’s Environmental and Social Policy 2008. Environmental and social issues associated with the rehabilitation of Berth 14 and its operation thereof can be readily assessed and mitigated, while the site itself is not located in a sensitive environmental setting as it is within the boundaries of the existing Poti port.

Environmental and Social Due Diligence included a visit to the Project site by an EBRD environmental specialist, and was based on a 2009 Environmental and Social Impact Assessment required to meet Georgian requirements. Specific environmental investigations were also conducted in 2003 in relation to the Georgian permitting process associated with dredging.

The existing ESIA and EBRD’s due diligence confirms that there are no sensitive receptors in the vicinity of Berth 14. Anticipated impacts are mainly associated with dredging, dust related to loading and unloading of bulk cargoes, and potential spills from vessels or onshore operations. Main mitigation measures include (but are not limited to):

The preparation of a spill and emergency response plan
Treatment of waste and runoff water
Solid waste management
Dust management during on- and off-loading of bulk cargoes.
The development of an Environmental Management System in the perspective of certification.

An Environmental and Social Action Plan, including monitoring requirements, is being prepared to reflect mitigations and will be implemented by the Project sponsor.

Technical Cooperation

None.

Company Contact

APM Terminals Poti
52, D. Aghmashenebeli Street,
4401, Poti, Georgia

Tel: +995 393 2 0660
Fax: +995 393 2 0688

E-mail: ceo@potiseaport.com
Website: www.potiseaport.com

Transition impact

ETI Score: null

PSD last updated

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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