The government has agreed to divest 59% of its shares in Fiji Ports Corporation Limited to the consortium of FNPF and Sri Lankan company Aitken Spence.
The shares were sold for $100 million.
The government will retain 41% of the shares within Fiji Ports Corporation Limited.
FNPF will own 39% of the shares and Sri Lankan company Aitken Spence will own 20%.
This means that 80% of the shares within Fiji Ports Corporation Limited will be owned locally.
Stay tuned for the latest news on our radio stations
