Efficiency Gains

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

Oct 15, 2013 (LBO) – Sri Lanka’s Aitken Spence group said efficiency at Fiji’s Suva and Lautoka ports were up 35 percent two months after it took over operations. Minister for public enterprises in Fiji, Aiyaz Sayed-Khaiyum was quoted as saying in the statement that the country was looking forward to incorporating Aitken Spence’s management systems and skills in other areas as well.

Aitken Spence has operations in South Asia, the Middle East and Africa and has interests in travel, logistics and power generation.

Aitken Spence bought a 51 percent stake in Fiji Ports Terminal Ltd, a state firm, taking control of the two ports for 15 years.

“Achieving substantial gains in efficiencies within two months is major milestone, especially in the absence of the shore cranes..,” head of the maritime sector at Aitken Spence Parakrama Dissanayake said in a statement.

Fiji Ports Corporation is expected to deliver shore cranes at the end of the month.