NFA acquires iconic BSP building

Main Stories
The National, Friday July 15th, 2016

THE National Fisheries Authority’s (NFA) 200 staff will occupy the iconic Bank South Pacific building come January.
The authority’s management signed a deal in Port Moresby to buy the property on Wednesday.
Speaking at the signing of the contract of sale, NFA’s managing director John Kasu, without disclosing figures, said it was a milestone for the authority to acquire a property. He said NFA’s operations had expanded over the years and it needed more space.
“This milestone property purchase is in response to the demand of office space,” Kasu said.
“Adequate and sufficient office space is much needed for such the organisation.
“The authority has been trying its best to acquire land to build its own building.
“It has taken a long process until the bank sold this property through a public tendering process, Kasu said.
Chairman Job Pomat said while being on the board, he was keen on seeing the NFA own an office.
“This acquisition of the BSP property came as a result of the vision that we should have our own instead of renting other offices,” he said.