Fiji Airports has officially entered a significant partnership with the International Finance Corporation (IFC) through a $907,141.17 (approximately $US400,000) collaboration agreement aimed at advancing the Nadi International Airport Infrastructure Development as part of its master plan. This agreement is set to provide crucial consultancy support in several areas, including project management, legal matters, and obtaining the Excellence in Design for Greater Efficiencies (EDGE) certification, which is considered essential for the project’s success.
Fiji Airports will contribute $228,109.80 (around $US100,000) towards the total project value, marking a pivotal first step in a transformative initiative that aims to bolster Fiji’s aviation infrastructure. Hasmukh Patel, chairman of the Fiji Airports board, expressed his vision for this alliance, stating it could pave the way for a long-term partnership among Fiji Airports, IFC, and the World Bank, enabling the delivery of sustainable and inclusive projects.
Prime Minister Sitiveni Rabuka endorsed the Nadi International Airport master plan in October 2024, underscoring its significance as the largest expansion effort in the history of Fiji Airports. Patel emphasized that enhancing aviation infrastructure will have far-reaching impacts, benefiting not just the tourism sector but also fostering economic growth and community development across Fiji.
Further collaboration discussions transpired during a strategic meeting with executives from Fiji Airports and key stakeholders from IFC and the World Bank. Vikram Kumar, IFC’s Regional Industry Director for Infrastructure and Natural Resources in Asia and the Pacific, noted that this partnership aligns with the broader economic and social development objectives of Fiji, supporting its tourism, trade, and regional integration efforts.
As Fiji Airports continues to pursue strategic investments in enhancing its infrastructure, digital transformation, operational excellence, and environmental sustainability, the project represents a forward-looking strategy that holds great promise. Stephen Ndegwa, World Bank Director for PNG and Pacific Islands, affirmed the institution’s commitment to supporting Fiji Airports and its vision for long-term and sustainable infrastructure development which not only caters to growing passenger traffic but also aims to create meaningful employment opportunities.
This collaboration heralds a hopeful future for both the aviation industry in Fiji and its economy, with anticipated advancements leading to improved airport facilities and experiences for travelers. The ongoing developments at Nadi International Airport illustrate a commitment to fostering an aviation hub in the Blue Pacific, reinforcing Fiji’s strategic position in regional connectivity.
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