The plastics industry is aimed at manufacturing polymer materials commonly called plastics and offers services from plastics production to a range of industries and business activities, including packaging, building and construction, electronic, aerospace, manufacturing and transportation. The plastic factory is established to cater for the plastic needs of the Benue State and its environs..
The factory has a wide range of assets which are necessary for effective operation and service delivery, the assets include: Buildings: production block, warehouse, administrative block, security post etc. Plant machinery spares: DRPET E-plasticizing perform IMM, PET Injection Molding Molding machine and a crushing machine. Generating plants: a giant power generating sets with total output of 5 megawatts Vehicles: staff busses, trucks .
The plastic Industry manufactures polymer materials commonly called plastics and offers services in plastic important to a range of industries including packaging, building and construction, electronics, aerospace, manufacturing and transportation..
The factory is built by the Benue State Government and operated for a number of years before the PPP was initiated, the Government adopted a Build Operate Transfer (BOT) model which was adopted for the partners to buy machines, upgrade facilities and maintain them for a period of 50 years after which the PPP will be renewed, or the factory will be transferred back to the State Government. The PPP was done following due processes to identify partners with the skills, requisite private sector technology and innovation to operation efficiently by providing services and improving the management system of the factory. .
Information will be published as soon as it is available.
Information will be published as soon as it is available.
Information will be published as soon as it is available.
The various stakeholders of the Benue State particularly, the Benue State Government, Ministry of Commerce and Industry, Makurdi Local Government Chairman and stakeholders from the Host community were adequately consulted and involved in the process of the PPP pipeline agreement. The various stakeholders were of the view that the factory will be managed better under the private sector through PPPs. .
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Information will be published as soon as it is available.
Information will be published as soon as it is available.
Information will be published as soon as it is available.
Information will be published as soon as it is available.
Information will be published as soon as it is available.
Information will be published as soon as it is available.
Exploring PPPs as a way of introducing private sector technology and innovation in providing better public services through improved operational efficiency.
Using PPPs as a way of gradually exposing state owned enterprises and government to increasing levels of private sector participation (especially foreign) and structuring PPPs in a way so as to ensure transfer of skills leading to national champions that can run their own operations professionally and eventually export their competencies by bidding for projects/ joint ventures
