Karu Community Plaza Market Abuja

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DEVELOPMENT OF KARU COMMUNITY PLAZA MARKET ABUJA 9

DEVELOPMENT OF KARU COMMUNITY PLAZA MARKET ABUJA 1

DEVELOPMENT OF KARU COMMUNITY PLAZA MARKET ABUJA 6

About The Project

On October 26th, 2009, the Abuja Municipal Area Council and the Federal Capital Territory Administration awarded Del-Trazi Limited the contract to design, finance, and develop the AMAC Karu Village Market under a Public-Private Partnership (PPP) agreement. The proposed market, sited on approximately 6 hectares of land, will feature a variety of shops, administrative offices, a Police and Fire service block, banks, and other essential facilities. This project represents a significant step in enhancing the local economy and infrastructure.

Project Key Benefits

Economic Growth: The development of the AMAC Karu Village Market will boost local commerce by providing a centralized location for various businesses to operate, fostering economic activity and growth in the region.
Job Creation: The construction and operation of the market will create numerous job opportunities, both directly and indirectly, thereby reducing unemployment and improving the standard of living for the local population.
Improved Public Services: The inclusion of a Police and Fire service block will enhance public safety and emergency response capabilities, contributing to a safer and more secure environment for businesses and shoppers.
Enhanced Infrastructure: The project will significantly upgrade the local infrastructure, providing modern facilities that cater to the needs of both vendors and customers. This includes the construction of well-planned administrative offices and banking facilities.
Community Development: By creating a hub for commercial activity, the AMAC Karu Village Market will become a focal point for community interaction, fostering social cohesion and community spirit.
Convenience and Accessibility: The market will provide a wide range of shops and services in one location, making it a convenient destination for shopping and accessing essential services, thereby improving the quality of life for residents.
Revenue Generation: The market will contribute to the internally generated revenue of the Abuja Municipal Area Council through taxes and fees, which can be reinvested in other community development projects.