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Sri Lanka’s Aitken Spence looks to expand investments in Fiji

COLOMBO (EconomyNext) – Sri Lanka’s Aitken Spence group said it was looking at investing in hotels, power generation and printing sectors in Fiji following the success of a joint venture in ports.

The firm has a 51 percent stake in a public-private partnership with Fiji Ports Corporation to repair and operate ports of Suva and Lautoka.

"We are exploring investment opportunities in hotels, power generation, printing and other sectors where we have decades-long experience and expertise," Deputy Chairman and Managing Director of Aitken Spence PLC, J M S Brito was quoted as saying in a statement.

He was speaking at the launch of the ports under the brand of Fiji Ports.

The company quoted Fiji’s Minister of Minister of Finance and Public Enterprise Aiyaz Sayed-Khaiyum as saying that after Aitken Spence management, a levy on incoming containers had been lifted which had made benefited both importers and exporters.

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