Poti Sea Port

The Poti Sea Port (Georgian: ფოთის საზღვაო ნავსადგური, p’ot’is sazghvao navsadguri) is a major seaport and harbor off the eastern Black Sea coast at the mouth of the Rioni River in Poti, Georgia.

The seaport has since reconstructed several times, most recently under the sponsorship of the Dutch government and the European Union.

[3] In April 2008, Georgia sold a 51 percent stake of the Poti port area to the Ras Al Khaimah Investment Authority (RAKIA), a company owned by the emirate of Ras Al Khaimah, a member of the United Arab Emirates (UAE).

[5] This focus on domestic priorities was prompted by the disputed succession in Ras Al Khaimah following the death of Saud's father, Sheikh Saqr Bin Muhammad Al Qasimi, and the need for Saud Bin Saqr to provide for his subjects.

[6] Subsequently, 80 percent of the port was sold in April 2011 to APM Terminals, a unit of Denmark's A.P.

The Poti seaport