Black Sea underwater fiber optic cable will directly link Southeast Europe with the South Caucasus and beyond, providing Georgian citizens and that of the wider region with faster and more stable internet, said the Prime Minister of Georgia, while delivering his speech on the Tbilisi Silk Road Forum.

“Georgia is ready to play its crucial role as a regional hub of energy transit, freight transportation, and digital interconnections. We have initiated several high profile projects of strategic importance that carry a global impact in addressing energy security and climate change. The Black Sea Submarine Electricity Cable promises to unlock transit opportunities and green energy trade between the European Union and the South Caucasus through Georgia while promoting renewable energy including hydrogeoproduction.

A strategic agreement signed in December 2022 in Bucharest by the leaders of Georgia, Azerbaijan, Hungary and Romania forms a solid foundation for this energy partnership and project, which the World Bank already considers as economically viable. And we expect to have a completed full scale feasibility study of the project in 2024. In parallel with the submarine electricity cable, Black Sea underwater fiber optic cable will directly link Southeast Europe with the South Caucasus and beyond, providing Georgian citizens and that of the wider region with faster and more stable internet connectivity. Additionally, intensified ferry feeder services in the Black Sea connecting Georgia to Romania and Bulgaria will enhance international transportation, particularly along the middle corridor”, - said Irakli Garibashvili.