Company committed to developing Darwin Port

Chinese company Shandong Landbridge Group remains committed to developing and managing Darwin Port of Australia, its senior manager said, saying its lease not only complies with Australia's laws but is also based on a "business practice that generates mutual benefits".

Vincent Lai, CEO of Landbridge Infrastructure Holdings Ltd, gave the remarks at a news conference amid reports the Australian government is about to review the possibility of scrapping Landbridge's 99-year lease on Darwin Port on the back of national security concerns despite various inspections conducted over the past few years.

"It is a business practice that generates mutual benefits. It is a normal business exchange and cooperation, which does not involve any security issues," Lai said.