A Memorandum of Understanding (MOU) has been signed for the Vanuatu National Provident Fund (VNPF) to establish its provincial branch in Ambae.
A temporary space has already been identified at Saratamata for the initiative, said the General Manager (GM) of VNPF, Parmod Achary.
Establishment of the office will benefit members in PENAMA Province, he said.
Secretary General (SG) of PENAMA Provincial Government Council, Moses Bani, said the provincial council is excited for the development.
“A lot of people working here (Ambae and other islands in the province) are not registered with VNPF. A lot of businesses established within the province are also not registered,” he conveyed.
“VNPF establishing in the province will allow the people to benefit from its services, such as housing scheme. We look forward to working closely with VNPF.”
SG Bani said the provincial council has allocated a space to VNPF to set up temporarily before offering identifying a location for its permanent office.
Construction of the PENAMA VNPF Branch will commenced once approved by the VNPF Board, he said.