The dream of owning a quality affordable home is now one-step closer for members of Papua New Guinea’s leading superannuation provider.
National Superannuation Fund (Nasfund) and CPL Group through its Hardware Haus brand have partnered to provide affordable housing options for Nasfund members, with an agreement signed in Port Moresby.
Through the Fund’s Membership Discount Program (MDP), active Nasfund contributors are now able to benefit from discounts on selected 2-3 bedroom kit-homes from Hardware Haus outlets.
According to Nasfund Chief Officer Ian Tarutia, this partnership is another way the Fund is adding value to its membership.
“Given the country’s current economic situation, we continually look for ways to add value for our members, whilst they are still in active employment.
Together with healthcare, quality affordable housing is a priority for our members, many of whom are based in our major centres, where housing developments have seen an increase.
And with this increase, we see the need to provide assistance for our members, through our MDP – with a trusted hardware supplier, to ensure our members receive quality homes at an affordable price.
Our partnership with Hardware Haus is one that we believe will be welcomed by our members, and we encourage our members to take advantage of this partnership, to take that important step in that dream of owning your own home whilst you are still in active employment.”
“CPL’s mission is based on helping the people of Papua New Guinea live (healthier and) better lives, and this partnership with Nasfund re-affirms this commitment. Nasfund is also a shareholder in CPL Group which makes this partnership even more value-adding for the members. ”Navin Raju, CPL Group CEO.
This partnership will also enable Nasfund users to get 33% discount on all medical prescriptions at City Pharmacy, Raju added.
To utilize this MDP offering, Nasfund members will need to present their Nasfund membership ID card at any Hardware Haus and City Pharmacy outlet in the country.
- CPL Group CEO Navin Raju and Nasfund Chief Officer Strategy Implementation Turaho Morea exchanging the MDP Partnership Agreement.
- CPL Group CEO Navin Raju signing the MDP Agreement
Nasfund Chief Officer Strategy Implementation Turaho Morea witnessing the MDP Agreement signing