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.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...