Asia Civil were engaged by a private investment group in South East Asia to conduct due diligence for investment into a proposed deep water sea port development in the Black Sea.
The US$2.5 billion Anaklia project will establish a new maritime corridor between China and Europe, helping restore the historic Silk Road and stimulating national and regional economic growth.
Asia Civil’s client was specifically interested in funding (equity and debt) related the Phase 1 development, which was estimated at more than USD $500-million (including proposed investment from a shortlisted Container Terminal Operator). Some key aspects of the development included:
• Up to 9 development phases to achieve maximum capacity of 1million TEU per year
• Total port development area: 400 ha, with additional 600 ha of FIZ
• Design port depth: -16.0m CD
• Able to accommodate vessels up to 10,000 TEU
• At least 3 times more efficient than existing Georgian ports, average waiting time <1 day
• Identified investment opportunity using Asia Civil’s network
• Asia Civil completed preliminary technical assessment of project, including review of assumptions related to marine works, port infrastructure and port efficiency
• Asia Civil prepared project Investment Assessment Summary, including developing exit strategies
• Asia Civil undertook preliminary risk & opportunity analysis
• Asia Civil undertook full review of Financial Model
• Asia Civil assisted with client discussions and negotiations