Plateau Investments and Property Development Company (PIPC) Signs Agreement with Strom Infrastructure Investment and Management Limited to Rehabilitate Hill Station Hotel

In line with Governor Caleb Manasseh Mutfwang's commitment to revitalizing legacy projects, the Plateau Investment and Property Development Company (PIPC) has entered ahead of term agreement with Strom Infrastructure Investment and Management Limited to refurbish Hill Station Hotel Jos to a standard establishment with world-class management.

Governor Mutfwang, personally supervised the process with the Managing Director of PIPC, Hon. Danlami Jelka, signing on behalf of the shareholders of Hill Station Hotel. This initiative aligns with the Governor's directive to breathe new life into dormant enterprises under PIPC's purview.
Hon. Jelka emphasized the importance of creating a conducive environment for private investors to rejuvenate inactive businesses for the benefit of the state's populace. The agreement entails the leasing, rehabilitation, and operation of Hill Station Hotel by the investor for an initial 20-year period, renewable by mutual consent.
The rehabilitation cost is estimated at N8.5 billion, as assessed by consultants engaged by PIPC. The project is expected to have a significant economic impact, including the direct employment of approximately 160 citizens, engagement of unskilled workers during the hotel's refurbishment, and an estimated boost of N8.6 billion to the state's income through the investment's multiplier effect. Additionally, it will generate indirect employment opportunities in service provision and supplies to the hotel.

The Managing Director of PIPC expressed gratitude to Governor Caleb Mutfwang for his support and dedication to fostering an investor-friendly environment in the state. 

Responding, Kolapo Joseph, CEO of Strom Infrastructure Investment and Management Limited, thanked the Plateau State Government for the opportunity to contribute and pledged the company's commitment to fulfilling its obligations with integrity.



Gyang Bere

Director of Press and Public Affairs to the Executive Governor of Plateau State 

June 7th, 2024.

Comments

Post a Comment

Popular posts from this blog

Education Remains a Top Priority of Our Policy Thrust: Gov. Fubara

Image
The Rivers State Government says it will continue to place education as one of the top most priorities of its policy thrust. Governor Sir Siminalayi Fubara stated this during the 34th Convocation Ceremony of the University of Port Harcourt on Saturday 24th February, 2024. The Governor who spoke through his Deputy, Professor Ngozi Nma Odu, said although the University of Port Harcourt is a Federal University the State Government would continue to support and collaborate with it to place it in a path that  would be the envy of other institutions. “We shall support you because whenever we add value to this institution, you add double value to whatever we have placed before you and we shall continue to ensure that you are given a place of high distinction and excellence”, the Governor stressed. Governor Fubara disclosed that his administration was desirous to create the enabling environment to ensure Rivers State remains a preferred destination to achieve quality education in the count...
Read more

Governor Mutfwang Crowns New Ngolong Ngas, HRH Nde Jika Golit

Image
The Executive Governor of Plateau State, Barr. Caleb Manasseh Mutfwang, has performed the coronation of the New Ngolong Ngas, Nde Jika Golit. The ceremony is coming nine years after the demise of the late Ngolong Ngas, Nde Joshua Dimlong. Governor Mutfwang, who performed the presentation of staff of office and certificate to the New Ngolong Ngas at the Pankshin Township Stadium, praised the Ngas Nation for a rancor-free selection process of the new Ngolong Ngas. He warned mischief makers against needless court actions that are capable of delaying or frustrating the selection and installation of traditional rulers in the state. He also implored citizens to alway accept the will of God in all circumstances. "I congratulate the Ngolong Ngas, Nde Jika Golit, on his ascension to the throne of his ancestors. His selection by the kingmakers, through a peaceful and rancor-free atmosphere, is worthy of emulation by other ethnic groups in the state." the Governor stated. "Let me s...
Read more

COMMUNIQUE ISSUED BY THE PDP GOVERNORS’ FORUM AT THE END OF AN ENLARGED MEETING ON TUESDAY, OCTOBER 22, 2024

Image
The PDP Governors’ Forum under the leadership of H.E. Governor Bala A. Mohammed, CON, held an enlarged meeting at the Bauchi State Governors’ Lodge, Tatari Ali House, Asokoro on Tuesday, October 22, 2024. Rising from the consultative meeting of the various organs of the Peoples Democratic Party, PDP, the Party resolved as follows: 1. The National Executive Committee, NEC, meeting originally slated for October 24, 2024, has been rescheduled to November 28, 2024. 2. The postponement is to ensure that the party goes into the forthcoming Ondo gubernatorial elections of November 16, 2024 with the unity and strength demanded to unseat the floundering All Progressive Congress, APC government in the state. 3. Reiterating the need for unity in the face of efforts by detractors to divide the party, the meeting called on all members to shun divisive utterances that could undermine ongoing efforts at strengthening the party to effectively play its role as the country’s main opposition, preparatory...
Read more