Fiji Airports with International Finance Corporation (IFC)

Fiji Airports board and executives joined by World Bank and IFC executive representatives after the meeting in Nadi, Fiji

Fiji Airports is proud to announce the signing of a landmark collaboration agreement with the International Finance Corporation (IFC), marking a significant milestone in the rollout of the Nadi International Airport Infrastructure Development under Fiji Airports’ visionary Master Plan.

The agreement, valued at USD$400,000 (FJD$907,141.17), will provide critical consultancy support in Project Management, Legal, and Excellence in Design for Greater Efficiencies (EDGE) Certification—an essential first step toward realising this bold, nation-building initiative.

Fiji Airports will contribute USD $100,000 (FJD$228,109.80) toward the total project value.

“This engagement paves the way for a broader collaboration between Fiji Airports, IFC, and the World Bank,” Fiji Airports Chairman of the Board Hasmukh Patel said.

“It marks the beginning of what we hope will be a long-term and strategic partnership, enabling us to deliver complex projects that are sustainable, inclusive, and transformational.”

Endorsed by the Honourable Prime Minister in October 2024, the Nadi International Airport Master Plan represents the largest expansion in the history of Fiji Airports.

“As we work together to enhance aviation infrastructure and services in Fiji, we are ultimately investing in people, communities, and the economic prosperity of the nation,” Mr. Patel added.

“It is an immense honour for Fiji Airports to host this first-of-its-kind high-level joint visit by the World Bank and IFC.

Fiji Airports Chairman of the Board with the World Bank and IFC regional directors following the signing in Nadi, Fiji yesterday

“Your presence is a powerful testament to the strength of our growing partnership and an endorsement of our vision—to be the world-class aviation hub for the Blue Pacific.”

The agreement was signed today at the Fiji Airports headquarters in Nadi , followed by a strategic meeting between Fiji Airports executives and key stakeholders from the World Bank and IFC—a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets.

Fiji Airports Chairman of the Board Hasmukh Patel and Vikram Kumar, the IFC’s Regional Industry Director for Infrastructure and Natural Resources in Asia and the Pacific during signing in Nadi, Fiji yesterday

The meeting focused on to discuss the initial phase of the expansion and broader collaboration opportunities.

Vikram Kumar, the IFC’s Regional Industry Director for Infrastructure and Natural Resources in Asia and the Pacific, said they are privileged to initiate this partnership between the IFC and Fiji Airports on the Phase-1 expansion.

“The vision outlined by Fiji Airports is well aligned with Fiji’s broader economic and social development objectives, particularly in relation to tourism, trade, and regional integration,” Mr Kumar said.

As part of its Master Plan, Fiji Airports is prioritising strategic investments in infrastructure, digital transformation, operational excellence, environmental sustainability, and stakeholder engagement.

“At the World Bank Group, we are committed to supporting a long-term, strategic approach to infrastructure development—one that delivers inclusive growth, fosters sustainability, and creates meaningful employment opportunities for the people of Fiji,” said Stephen Ndegwa the World Bank Director for PNG and Pacific Islands.

“The long-term vision laid out by Fiji Airports is one we fully support.”