The new hospital to be opened from next year in Suva has the support of the Fiji National Provident Fund.
FNPF's Acting Chief Executive Officer, Aisake Taito said FNPF's Investment Limited has a 45% equity stake in the Hospital project and has invested $1.6million in the New Bayview Medical Care Centre.
Taito said the Fund has conducted all necessary groundwork for the project after it was approved two years ago and it will continue to review the progress and performance of the investment.
He confirms that the forecast investment return of 15% annually is above equity return being provided by the Fund.
Taito's comment comes after The Tropic Health Incorporated Fiji Limited announced earlier this week that FNPF is a major investor of the local private Bayview Medical Centre which will start providing services from early next year.
New Hospital Has FNPF Support
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