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Sri Lanka gets strategic Fiji ports: Breaking news

Lankan Ranger

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Sri Lanka gets strategic Fiji ports: Breaking news

Sri Lanka’s Aitken Spence PLC has been chosen by the Fijian government to overhaul the operation of the country’s two biggest ports, namely Suva and Lautoka.

Accordingly, the Aitken Spence has formed a Private Public Partnership agreement with Fiji Ports Corporation, where both parties will operate under the newly established joint venture Fiji Ports Terminal Limited.

Sri Lankan Aitken Spence will own 51 percent of the shares of Ports.

Speaking during the signing of the deal, the Fijian Prime Minister, said the operations at the two major ports of Suva and Lautoka will be boosted through this effort.

He says the partnership will also see reforms in Fiji’s two major Ports and will create employment opportunities

Dr. Parakrama Dissanayake, Chairman, Aitken Spence Maritime Limited and Director Aitken Spence PLC has signed the agreement on-behalf of his company.

“Aitken Spence is delighted to have forged this agreement with FPCL and the Government of the Republic of Fiji. We see immense opportunities for the private sector to spearhead Fiji’s vision to exploit its strategic geographic location and skilled human resources to become the premier regional maritime hub,” Dr. Dissanayake has said.

Aitken Spence is one of Sri Lanka’s largest conglomerates operating in a multiple of sectors such as logistics, plantations, leisure etc.


Fiji choose Sri Lanka

FBC News
 
Sri Lanka’s first foreign port takeover…

Also our presence in South Pacific Ocean…. :smitten:

Fiji is an island country in Melanesia in the South Pacific Ocean about 1,100 nautical miles (2,000 km; 1,300 mi) northeast of New Zealand's North Island. Its closest neighbours are Vanuatu to the west, France's New Caledonia to the southwest, New Zealand's Kermadec to the southeast, Tonga to the east, the Samoas, France's Wallis and Futuna to the northeast and Tuvalu to the north.

Fiji-physical-map.gif
 
Good going Sri lanka, best wishes for you :yay:

hey @Lankan Ranger i was thinking why Bangladesh and Sri lanka do not make defence tie like in war time ( just in case) Bangladesh and Sri lanka will help each other to defend.
 
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Good going Sri lanka, best wishes for you :yay:

hey @Lankan Ranger i was thinking why Bangladesh and Sri lanka do not make defence tie like in war time ( just in case) Bangladesh and Sri lanka will help each other to defend.

Already defence ties active….

Let’s improve the economy, When economy expands it will boost defence budget.
 
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Congratulations.

This is a commercial operation, not a military one though.
Otherwise Dubai probably rivals USA in having ports around the world :D
 
how much "strategic" is the Fiji ports?
 
From my experience, Sri Lankans are very smart people. It's also shows in your country's economic boom, often called the Hong Kong of South Asia. God bless you guys. Stay strong.
 
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