Following the Federal Government release of a statement today announcing the findings into the review of the lease of Darwin Port by Landbridge, the company have issued the following statement:
Landbridge is pleased that the Federal Government’s review has now been completed. The outcomes reaffirm our position that there is no basis for security concerns given the Port is operated as a commercial enterprise in accordance with Australian Law and the Port transaction documents.
Landbridge is hopeful that the outcome of this review, which is consistent with the findings of the reviews conducted in both 2015 and 2021, will now bring this matter to a close. Landbridge is focused on operating the Port to grow business and trade for the Territory.
Landbridge and Darwin Port look forward to working with the Northern Territory Government and Federal Government in developing the Port to meet the demands of a growing economy.