10 Sep 2019

Pacific pension operators look to infrastructure investment

11:48 am on 10 September 2019

Pacific pension, superannuation, trust and sovereign fund operators are keen to invest in key infrastructure in the region.

Aaron Levine

Aaron Levine Photo: Twitter/ @ANLevine

The Pacific Islands Investment Forum - the representative body for these organisations - met in Samoa last week.

It said they want to know how to spur investment in infrastructure such as telecommunications, water, financial services, transport, sustainable energy and health.

The International Finance Corporation's Aaron Levine said the groups have saved a lot of money for their members over the decades, but some of their countries have limited investment opportunities.

"So, their number one priority is, and always will be, generating adequate returns to fund their members' retirements. But they also have this common vision that they want to make - if they can contribute to infrastructure that will improve the lives of members as well, then they would like to be part of that."

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