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The Port Vila City Council (PVCC)has recently signed Memorandum of Understanding (MOU) with the Vanuatu National Provident Fund (VNPF) effective for three years. Under the agreement, PVCC and VNPF seeks to collaborate in investment initiatives that will benefit them through joint identification of opportunities in key sectors such as municipal infrastructure, real estate, public services and other areas that support community development. The MOU will also support town-led development projects that align with VNPF’s long term investment strategy and contribute to national growth and capacity building, and technical support for municipal teams to strengthen project planning, financial management and reporting standards. The MOU was signed between the Town Clerk of David HOPA and the General Manager (GM) of VNPF, Paul Kaun.
