29 January, 2026, 5:42 pm Central - 30°C Clouds

BSP Life announces $1 billion investment portfolio

BSP Life announces $1 billion investment portfolio

By Alipate Narawa , Keisha Wilson
29/08/2023

A historic massive $1 billion investment portfolio has been announced as BSP Life Managing Director Michael Nacola says our country is on the verge of big things ahead.

He says he told his team that $1 billion is history and now they are setting their sights on $2 billion.

Nacola says they must achieve it in a much shorter time than 145 years.

He says that can only happen with the continued faith of their customers and the partnerships they have forged within the private sector with government to realise the ambitions not just of BSP Life as an entity but of our country.

The Managing Director says in a demonstration of where we can head to optimise our potential was the announcement by the Prime Minister at the ground breaking ceremony for Vatu Talei which is the newest Hotel development which will be brought up in Denarau in the next 3 years.

He adds they have ambitions to grow their footprint as BSP Life across all industry and do so with strategic partners so that they are building value both for themselves and the customers that place their trust in them and most importantly for our country.

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