The port of Poti in Georgia is to receive investment of $500m from Ras Al Khaimah of the United Arab Emirates over the next four to five years. The money is being made available by the Rakia investment fund, which acquired a 100% stake in 2008 at a cost of $155m.
News
about 16 years ago
UAE Invests $500 Million in Poti Port Expansion
The port of Poti in Georgia is to receive investment of $500m from Ras Al Khaimah of the United Arab Emirates over the next four to five years. The money is being made available by the Rakia investment fund, which acquired a 100% stake in 2008 at a cost of $155m.
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