Understanding the Memorandum of Understanding in Port Services

Memorandum of Understanding (MoU) signed between Fiji Ports Corporation Limited and the Ports Authority of Tonga

In a recent development, Fiji Ports Corporation Limited (FPCL) and the Ports Authority of Tonga (PAT) have entered into a Memorandum of Understanding (MoU). This partnership aims to boost the port services and operations in both Fiji and Tonga by sharing knowledge, resources and expertise.

MoU aims to enhance port services in Fiji and Tonga

The agreement between FPCL and PAT is to foster mutual technical cooperation in the fields of port operations, port management, and the promotion of maritime safety and security. This collaboration will pave the way for the exchange of technology, information and personnel, resulting in efficient and effective operations in both port services.

“The MoU will enhance the capacity of both port services to be more competitive within the Pacific region’s maritime industry,” said Vajira Piyasena, CEO of Fiji Ports Corporation Limited. He further elaborated on the potential benefits that would arise from the shared experience and expertise.

Initial Grant Facility Supported by Pacific Islands Forum Secretariat

The signing of this MoU has been supported by an Initial Grant Facility (IGF) courtesy of the Pacific Islands Forum Secretariat under the Pacific Regional Trade and Industry Facility. This grant will provide the financial assistance necessary for the implementation of the collaborative project between the two port authorities.

“The IGF support to this project is critical as it will enable the effective utilization of the technical expertise from FPCL to enhance our port operations and services,” said Mosese Lavemai, CEO of Ports Authority of Tonga.

Expectations for Enhanced Cooperation

The MoU underlines the shared vision for future cooperation and the anticipation of richer exchange in terms of information, technology, and expertise. This mutual agreement between Fiji and Tonga is poised to set a new benchmark in port services for the Pacific region. Both parties expect to see great results from this partnership, both in terms of enhanced services and functions, as well as safety and security in the maritime industry.

Source: https://www.fijitimes.com.fj/port-services-mou-initial-grant-finance/

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