BPOPF on the hunt for big-ticket infrastructure investments
Friday, August 16, 2024 | 510 Views |
Malindah PIC: MORERI SEJAKGOMO
The fund is prioritising infrastructure investments, both domestically and offshore, as it seeks to ensure long-term sustainability and significant returns for its members.
BPOPF CEO Moemedi Malinda told BusinessWeek that the pension fund has already identified aligning interests and is actively working on several high-value deals. Some of these opportunities have been successfully closed, while others are still in progress. However, the hunt for more continues, with the fund dedicating specialised resources to this effort.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...