A Growth Opportunity

In 2004, the state-owned superannuation fund, the Fiji National Provident Fund (FNPF) made its first major investment under its new subsidiary company, FNPF Investment Ltd. FNPF Investment Ltd holds 51 percent of the shares in Natadola Land Holdings Ltd, the company that owns the 640 hectares of the development.

It is part of the FNPF’s stated policy to increase returns to members by diversifying investments and reducing overall risks.

FNPF Investments Ltd was created by the Board of Trustees as a means to invest specifically in growth opportunities, many of which lay outside the restrictions of the Trustee Act, under which the FNPF is governed.

FNPF Corporate Newsletter>