The article written by a former executive of a well-known government company on privatization in the Sunbiz section of the Weekender is interesting.
In Fiji’s context, the best model is the Public Private Partnership through the use of FNPF to privatize multi-billion assets of inefficient Public Service organizations.
The use of our national superannuation funds will ensure that the ownership of these critical infrastructures such as the Health and Water sectors remain in the hands of Fijians.
Also to ensure that the cost to access these crucial infrastructures is still affordable for any citizen of our country.
If it is owned by Multinational or big local companies their focus would be profit-oriented.
They would charge those critical services at a steep cost and it would marginalize most Fijians who will not be able to access these critical public services.
Based on recent data a significant number of Fijians are living below the poverty level.
A perfect trial is Lautoka Hospital which is a partnership between Aspen Medical and FNPF.
It has so far seemed successful in terms of any person can access their services and most of all it is still owned by all Fijians through the Public and Private Partnership initiative.
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