POTI, GEORGIA (4K/60FPS)

POTI, GEORGIA (4K/60FPS): Poti is a port city in Georgia, located on the eastern Black Sea coast in the region of Samegrelo-Zemo Svaneti in the west of the country. Built near the site of the ancient Greek colony of Phasis and deriving its name from the same, the city has become a major port city and industrial center since the early 20th century. It is also home to a main naval base and the headquarters of the Georgian Navy.

Population (January 1, 2023):
• Total: 41,540
• Density: 630/km2 (1,600/sq mi)

The name Poti is linked to Phasis, but the etymology is a matter of a scholarly dispute. "Phasis" (Greek: Φάσις) is first recorded in Hesiod's Theogony (c. 700 BC) as a name of the river, not a town. Since Erich Diehl, 1938, first suggested a non-Hellenic origin of the name and asserted that Phasis might have been a derivative of a local hydronym, several explanations have been proposed, linking the name to the Proto-Georgian-Zan *Poti, Svan *Pasid, and even to a Semitic word, meaning "a gold river".

The service and food industries represent the most important sectors of the economy. The Poti Sea Port (7.7 million tons per annum) is operational. The railway to Tbilisi makes this a more useful port than the natural harbor at Batumi.

In April 2008, Georgia sold a 51% stake of the Poti port to the Investment Authority of the UAE’s Ras Al Khaimah (RAK) emirate to develop a free industrial zone (FIZ) in a 49-year management concession, and to manage a new port terminal. The creation of a new FEZ was officially inaugurated by the President of Georgia Mikheil Saakashvili on April 15, 2008.

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