The Abuja Municipal Area Council (AMAC) has inaugurated a new motor park in Karu, worth N1.56 billion with state of the art facilities.
At the event, Maikalangu emphasised the hub’s economic and security benefits, noting its potential to reduce “one chance” incidents in the capital.
“With registered vehicles and CCTV cameras, we aim to ensure the safety of everyone who uses this park,” he stated.
Developed by PEGES Investment LTD under a Public-Private Partnership (PPP), the N1.56 billion facility was fully funded by private investment.
Developer Hon. Peter Gumtha shared that PEGES invested in transforming the area into a modern transport park with offices, shops, restrooms, and restaurants.
Under the PPP, PEGES will manage the facility for 25 years to recover costs, making the project financially sustainable.
Gumtha stated that the hub serves as a gateway to over 36 states. “Now, travellers can begin their journeys from a secure, organized environment,” he noted,…