Nasfund eyes sports infrastructure after record K1 billion profit

Nasfund eyes sports infrastructure after record K1 billion profit

Nasfund has officially signalled its intent to become a major player in Papua New Guinea’s sports infrastructure, confirming its recent participation in the tender process for the PNG Chiefs' accommodation facilities. Although the contract was ultimately awarded to the Constantino Group of Companies, board members noted that the move signals the Fund’s readiness to support viable, sports-linked developments as a legitimate asset class for its me…