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Company committed to developing Darwin Port


Company committed to developing Darwin Port
By PRIME SARMIENTO/YANG HAN |
China Daily Global |
Updated: 2021-05-28 09:58
FILE PHOTO: Machinery can be seen sitting at the Port of Darwin, located in the Northern Territory s capital city of Darwin in Australia, April 21, 2017. [Photo/Agencies]
Chinese company Shandong Landbridge Group remains committed to developing and managing Darwin Port of Australia, its senior manager said, saying its lease not only complies with Australia s laws but is also based on a business practice that generates mutual benefits .
Vincent Lai, CEO of Landbridge Infrastructure Holdings Ltd, gave the remarks at a news conference amid reports the Australian government is about to review the possibility of scrapping Landbridge s 99-year lease on Darwin Port on the back of national security concerns despite various inspections conducted over the past few years. ....

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China-Australia relations: Landbridge vows to protect 'legally binding' Darwin Port deal if political pressure persists

China's Landbridge Group will carry on with its investment in Australia's Darwin Port but will consider legal advice to protect its commercial interests if further political threats to "tear up" the deal negatively affect its business. In its first public comments since calls to axe the company's 99-year lease of the port, Landbridge said at a press conference in Hong Kong on Wednesday that the port's expansion had progressed in line with the. ....

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Port of Darwin Lease to Chinese Company 'Unfathomable': Sen. Abetz


Port of Darwin Lease to Chinese Company ‘Unfathomable’: Sen. Abetz
Liberal Senator Eric Abetz has welcomed a review into the Port of Darwin’s 99-year lease to a company with strong ties to Beijing and the Chinese Communist Party (CCP), saying it was a “serious mistake that must be rectified.”
This comes amid tense relations between Canberra and Beijing, which sharply declined after Australia called for an inquiry into the origins of COVID-19 and implemented measures to protect its national interests, including reviewing the port lease.
Australian Prime Minister Scott Morrison speaks to the media during a press conference following a national cabinet meeting at Parliament House in Canberra, Australia, on April 22, 2021. (AAP Image/Lukas Coch) ....

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