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Georgian Railway Subsidiary and LAM Company Sign Cooperation Memorandum

Georgian Railway Subsidiary and LAM Company Sign Cooperation Memorandum

Trans Caucasus Terminals, subsidiary of JSC Georgian Railway and LAM group signed a memorandum on intentions to foster integrating Georgia’s transportation potential into the world trade routes, through cooperation in the transportation field. Moreover, they will also jointly develop marine communication with Georgia, European and due European markets.

Georgian Railway Subsidiary and LAM Company Sign Cooperation Memorandum

„We are happy Trans Caucasus Terminals has become a member of Trans Caspian Consortium. The consortium provides container transit from China to Georgia with the aim to distribute cargoes to various directions. Besides our company, the consortium also unites Chinese, Azerbaijani and Kazakh companies.  I hope LAM group will be one of the companies to ensure marine services at the Black Sea in the direction of Turkey and other countries to ensure valuable transportation of cargoes to any destinations worldwide”, Trans Caucasus Terminals director Levan Sulaberidze said.

Georgian Railway Subsidiary and LAM Company Sign Cooperation Memorandum

“Over the past years Georgia has made huge advancements in the transportation field. China-Georgia Silkroad creates additional chances in this respect. LAM group, as a global transportation company, plans to maximally use this opportunity thanks to partnership with Trans Caucasus Terminals and this factor will enable Georgia to expand its role in the world transportation field. We are proud that we make contribution to this project”, Selim Makzum, executive of LAM group’s board of directors, noted.

As reported, JSC Georgian Railway owns a 100% stake in Trans Caucasus Terminals that was founded in 2009 to develop and manage container terminals in Tbilisi and Poti.

With 70-year experience LAM group provides marine and logistics services through its own international networks.