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More people can look forward to new investment opportunities through a government-sponsored real estate trust, and a $1 billion bond under the National Investment Fund.

Finance Minister Davendranath Tancoo announced the creation of the Real Estate Investment Trust (REIT) in his $59 billion budget on October 13.

Tancoo said the goal is to "democratise state-owned assets, strengthen and diversify our capital market and broaden public participation in national wealth creation."