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An AIFFP and ANZ Fiji financing package enabled Airports Fiji Pte Ltd to undertake essential maintenance and capital works at Nadi International Airport and several outer island airports.

Upgrading Fiji’s international and outer island airports Nadi International Airport is the main gateway airport of Fiji.

Upgrading Fiji’s international and outer island airports

Fiji

Completed

Type:
Airports
Investment:
​​​​​​​AUD68.4 million

Delivery partners

Airports Fiji Pte Ltd
ANZ Fiji

We are proud to have worked with Airports Fiji Pte Ltd, the main provider of air services in Fiji, to upgrade several airports across the island nation.

The project included improvements to air traffic management systems, runways and offgate aprons.
The upgrades facilitate greater serviceability, passenger capacity and safety as well as improved air connectivity for the entire South Pacific.

AUD68.4 million

co-financing package from AIFFP and ANZ Bank.

1 of 3

airports projects under the AIFFP

With tourists returning to Fiji post-COVID, investing in airport infrastructure has been essential to Fiji and the region's continued economic recovery. Over half of the projects involved Fijian companies or local subsidiaries.

Airports Fiji Pte Ltd owns and operates Nadi International Airport and manages Nausori International Airport in Suva and 13 domestic outer island airports. Airports Fiji Pte Ltd also operates traffic and airspace for Fiji, Tuvalu, New Caledonia, Kiribati and Vanuatu. 

Pre-COVID, Airports Fiji Pty Ltd employed 548 personnel across its 15 airports, with the projects expected to support jobs for up to 110 local workers.

Our financing package consisted of an AUD61.9 million guarantee to ANZ Fiji for its loan to Airports Fiji Pte Ltd, and a direct AUD6.5 million loan to Airports Fiji Pty Ltd.

As of May 2024, ANZ refinanced AIFFP's loan and discharged the AIFFP guarantee. 

Over 50%

of projects engage Fijian companies or local subsidiaries

Up to 110

jobs supported

AIFFP contribution

​​​​​​​AUD68.4 million

 Amount (AUD million)Amount (FJD million)Fixed interest rateTenor
Loan$6.5$10.04.25%5 years
Guarantee$61.9$96.0n/a5 years

*Exchange rate: AUD/1.55FJD

Impact

The project supported several infrastructure priorities of Airports Fiji Pte Ltd, including upgrading offgate aprons to improve capacity for plane parking, upgrading air traffic management systems and ongoing airport sustainment works. These works supported Fiji's economy by providing employment opportunities and increasing the airport’s serviceability, passenger capacity, safety and improved air connectivity for the entire South Pacific.

Importantly, AIFFP’s financing enabled the airport to operate throughout the COVID-19 pandemic and withstand the impact of global travel restrictions, demonstrating both Airport Fiji’s financial resilience as well as the value of AIFFP’s role as an effective gap financier.