Georgian Railway Signs Memorandum with Turkish LAM Group

Georgian Railway subsidiary company Trans Kavkasus Terminals and Turkish LAM Group of transport companies signed a Memorandum of Intention on March 24th, according to which the cooperation of the companies in the transport field will help to connect Georgia’s transport potential to world trade routes. They also aim to jointly develop a Maritime Union of Georgia, Turkey and relevant European markets.

“We hope that the LAM group will be a company with whose support we will receive sea services on the Black Sea to Turkey and in other directions, in order to fully provide further transportation of freight from China to anywhere in the world,” said Levan Sulaberidze, Director of Trans Kavkasus Terminals.

Fully owned by joint-stock company Georgian Railway, Trans Kavkasus Terminals was established in 2009 and operates and develops container terminals in Tbilisi and Poti. Trans Kavkasus Terminals is now a member of the Trans Caspian Consortium which provides sea container transportation from China to Georgia, for the purpose of further transportation in various directions. The Consortium also consists of member companies from China, Azerbaijan and Kazakhstan.

“In recent years Georgia has considerably developed in the area of transport. And the China - Georgia Silk Road shows additional opportunities in this direction,” said Selim Makzume, the Board of Directors Executive of LAM Group. “LAM Group, as a global transportation company, plans to use these opportunities by partnership with Trans Kavkasus Terminals, to give Georgia a more significant role in the field of worldwide transportation. We are proud to make a contribution to this project.”

LAM Group has 70 years experience and offers a complete range of shipping and marine, transportation and logistics services. It annually handles over 100,000 TEU containers, 1,500 strait transits and port calls in three countries, over 3,000 tons of air cargo, as well as many other logistic services for a total turnover of more than USD 100 million.

Ana Akhalaia