An indigenous firm, Del-Trazi Limited has set the pace in public private partnership (PPP) in the area of infrastructure development. The firm which came into existence on 16 February, 1998 has been into construction of boreholes, estates, bridges etc. The construction of the newly commissioned Karu Community Plaza is the only PPP project the firm has executed.
Speaking at commissioning of the project, Engr. Charles Ezeani, MD Del-Trazi limited said; “The project is part of President Goodluck Jonathan’s transformation agenda intended to get close to the needy and wipe away their tears”. The market according to the MD covers an area of 6.04 hectares of land and comprises of 1,289 proposed shops. Phase one of the market which was being commissioned has a total number of 397 shops. This phase has special spaces for restaurants, cold rooms, meat shops, laundry, toilets, banking hall, clinic, and fire/police station.
On how his organization intends to be of help to some traders in the old market who cannot afford the cost of the new shops, Engr. Ezeani cleared the air thus; “I have worked out a mortgage arrangement with Aso Savings and Loans for over 1.5 billion naira. It is ready for those traders who are interested”. He was proud to tell our reporter that he has added value to the business of traders in the market. “Where the trader used to do business was un-bankable. But we have provided them with bankable environment that can help them to access loans from financial institutions”, he added.
The minister of state for the Federal Capital Territory Administration (FCTA), Oloye Olajumoke Akinjide, performed the commissioning ceremony of the Karu community plaza.
She pointed out that the occasion was another landmark achievement by the AMAC administration, which shows that the chairman has lived up to the challenge of removing dilapidated structures and replacing them with standard ones.
One of the contractors at the market, Mr. Okolo Emmanuel, MD Sahara Paints, said he is happy to be associated with Del-Trazi limited. He said the company pays attention to prompt delivery and quality work, hence the beautiful job delivered as and when due.