Tuesday, January 26, 2010

Nasfund's footprints in Lae

Awilunga housing estate under construction

Able Building – value K3.040 million

Nasfund Haus – value: K6.1 million. Refurbished in 2008

Josie St Warehouse – 3,000 sq m, value K8 million, refurbished in 2008

17-unit apartment complex Lae – value K21 million, under construction, Nasfund joint venture with Zenag Chicken, completion date Dec 31, 2010

Through Hornibrooks NGI, Nasfund has 54% investment in Lae International Hospital recently refurbished by Hornibrooks. The hospital has seven private suites, 60 beds, Intensive Care, two operating theatres, emergency ward, children’s ward, delivery ward, pathology and X- ray and dental

Amidst all the gloom and doom in Lae, at least one company, Nasfund, is helping to develop the place with new properties and buildings popping up.

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