By Staff Writer
The Central Bank of Samoa,CBS, is building a new office at its Ululoloa village compound to fall back on, in times of any climate change emergencies or other natural threats
The Offsite 3-storey structure is being strategically built on higher elevation at the CBS Ululoloa village compound.
The ST$31 construction project is about 15 minutes drive inland, from the bank’s multi-storey building in central Apia, along the seafront.
The new building should be completed in about 20 months.
A groundbreaking ceremony to officially start construction was held on location Friday yesterday Friday 26 April 2024.
The Prime Minister, Fiame Naomi Mataafa, complimented the CBS Board on their foresight to ensure the continuity of the service in challenging times.
Apex Solutions are contracted for the work under supervision of the design company SUCON Consultancy.