In a statement, the Department of Prime Minister and Cabinet says that there is 'a robust regulatory system in place to manage risks to critical infrastructure' and that it 'was not necessary to vary or cancel the lease.'
The federal government has announced that it will not strip a Chinese company of the Darwin port lease, just weeks before Prime Minister Anthony Albanese visits Beijing.
Mr Albanese said last year that the Department of Prime Minister and Cabinet would review the 99-year lease held by the Australian subsidiary of Chinese company Landbridge. Landbridge is reported to have links to the People's Liberation Army of China, and the US Obama administration raised concerns with the Turnbull government after the Northern Territory awarded it to the company in 2015.The controversial lease Darwin Port remains in the spotlight amid China’s new security pact with Solomon Islands.
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