Both Australian Parties Vow to Cancel 99-Year Port Lease to Chinese Company
CCP-linked company Landbridge has a 99-year lease over the Port of Darwin in Australia’s north.
By Daniel Y. Teng
4/4/2025 Updated: 4/4/2025
The Port of Darwin in northern Australia is under the microscope once again as both major parties promise to divest the piece of infrastructure from its Chinese owners.
The contentious 99-year lease of the port to Chinese company Landbridge has been the subject of on-and-off inquiries, raising the question of whether Australia should cut out its Chinese owners. Landbridge is heavily linked to the Chinese Communist Party (CCP).
The most recent look at the port was in late 2023 when the Albanese Labor government decided not to take action, saying there was a “robust regulatory system in place to manage risks to critical infrastructure.”
The debate took on new life on April 4 during the federal election campaign, after News Corporation newspapers revealed the Coalition would be looking at terminating the lease if it won office.
Their plan involves appointing a specialist advisor to find a new owner for the Darwin Port. If one cannot be found in six months, then the government would buy back the lease.
Prime Minister Anthony Albanese pre-empted the opposition leader’s formal announcement, calling into ABC Radio in Darwin in the afternoon.
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READ MORE: https://www.theepochtimes.com/world/both-australian-parties-vow-to-cancel-99-year-port-lease-to-chinese-company-5836806?ea_src=frontpage&ea_cnt=a&ea_med=latest-news-posts-3
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