I am proud of the outward-looking, increasingly international company Silk Road Group has grown to become since our formation over 20 years ago. This was at a time when Georgia begun to stabilize after the difficulties of the early 1990s. Today we have 5,000 employees and $1bn invested in the Georgian economy a testament to the important role Silk Road Group plays in the country’s prosperity.
The country and the world have experienced the tragedy and economic difficulties associated with the Covid 19 pandemic. I want Silk Road Group to play its role in helping Georgia’s recovery.
Georgia’s historic position at the crossroads between East and West, as a bridge between the two hemispheres, was our both geographical and intellectual inspiration behind Silk Road Group, as shown by our name. Looking outwards and to the world beyond our borders is at the heart of our values.
Our hospitality business is about welcoming visitors from elsewhere, our telecommunications business is about connecting people near and far, our real estate business is about building new places to gather and our energy business is about powering Georgia’s ability to compete in the global marketplace.
These businesses are supported by expertise in finance, through Silk Road Bank, as well as bringing internationally recognised media franchises to the country, such as National Geographic and Euronews.
Of course, our commitment to Georgia does not end at economic prosperity. I am privileged to lead a Group committed to supporting charitable, sporting, and cultural initiatives throughout the country. This is shown in the range of Silk Road Group backed charitable initiatives, including aiding wounded service personnel, helping the Georgian Ski Federation and the National Ski Team achieve success, creating new international tourist and cultural destinations, as well as creating new opportunities for young musicians to shine through the Tsinandali Festival.
Georgia and the world continue to face major challenges in ensuring our economies recover. SRG is ready to play its part in driving Georgian economic prosperity and revival with our skilled and hard-working staff playing a key role. I look forward to the next chapter in the Silk Road Group story.
The Silk Road Group is one of the leading private investment groups active in the Caucasus and Central Asian regions operating across various sectors of the Georgian economy, including transportation, technology, trading, media & IT, energy, real estate, retail, hospitality & entertainment, telecommunications, and banking.
The Silk Road Group was established in Georgia in the early 1990s following the collapse of the Soviet Union. Since its inception, the Silk Road Group has enjoyed steady growth by revitalizing traditional trade routes, which had been neglected for decades. SRG’s focus on meeting the needs of a multinational client base has allowed it to grow into a global organization. SRG has client service professionals in Asia, Europe, and North America.
The company started its business activities with transportation and trading of commodities in the Central Asian and Caucasus regions and has established itself as a leader in the rail transportation of liquid and dry cargoes.
As structural and tax reforms gained momentum in Georgia in 2004, SRG started to expand its business into various industries, such as Infrastructure, Real Estate, Banking, Trade, Telecommunications, and Energy. Jointly with its partners, SRG has facilitated investments of around USD 500 million into the Georgian economy over the last ten years.