Operations - ICTSI

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Batumi International Container Terminal LLC (BICTL), Batumi, Georgia

Managed by:

Batumi International Container Terminal LLC (BICTL)
11 Baku Street
Batumi 6010, Georgia

: +995 2227 6269

In September 2007, ICTSI acquired a concession to develop and operate a
container terminal and a ferry and dry bulk handling facility in the Port of
Batumi in Georgia. Through ICTSI Georgia Corp., a subsidiary of ICTSI Ltd.,
ICTSI obtained the concession from Batumi Port Holdings Ltd. (BPHL). BPHL
has the exclusive management right over the state owned shares in Batumi
Sea Port Ltd. (BSPL).

Pursuant to the concession, BSPL granted a 48-year lease with an operating
agreement in favor of Batumi International Container Terminal LLC (BICTL).
BICTL is an ICTSI unit established to operate in the Port of Batumi. BICTL
is the exclusive container terminal operator in the port.