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- The Old Mombasa Road will be upgraded to meet the requirements of the Nairobi Expressway.
- Tanzania would be one of the top economies in 2023
- Project Timeline and Information for the Tanzania Standard Gauge Railway (SGR)
- Tanzania exceeds expectations, according to the global innovation index
- AIIF4 invested USD 34 million and supports Kenyan Road Annuity Programme
- Anchor Developments plans to launch in 2022 or 2023 with an investment of EGP 10 Billion
- FSD Eyeing Ethiopian Investment Opportunities; CEO Demands Peace Agreement to Boost Economic Growth
- Tanzania's Bagamoyo Port will be expanded as part of the largest project in East Africa
- Tanzania's Dodoma Stadium, the largest stadium in Africa
- Ethiopian investor plans to build a USD 1 billion WA Cement Factory
Niger State to Build N19.6 Billion Hotel
Minna — The Niger State government has concluded arrangements to spend N19. 6 billion on the construction of a five star hotel under Public Private Partnership (PPP) in Minna, the state capital. This was disclosed by the Commissioner of Trade and Investment, Yahaya Dansallau, yesterday during the signing of a Memorandum of Understanding between the state government and the construction company that will handle the project, Access Field Nigeria Limited.
The commissioner said the seven story building which is expected to be completed within 24 months would have 305 rooms.
He reiterated the need for the project to be executed within the stipulated time frame and in accordance with the specifications, adding that the state government had constituted a seven man committee to oversee the project.
According to him, the project was awarded under a concession agreement between the state government and the company handling the project, where the project will be executed under the plant form of Design, Build, Operate and Transfer (DBOT).
He said the company that handled the project will run the hotel for 25 years after which its ownership would be transferred to the state government.
Source : allafrica.com
Posted on : 30 Nov,-0001
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