Friday, November 4, 2011

Roche Group Takes Over Imo Palm Plantation

Business News
4 November 2011

IN a bid to reposition the company for economic gains, the Imo State government has finally handed over Adapalm plantation to an Irish Company, Roche Group in Ohaji / Egbema Local Government Area under Public Private Partnership (PPP).

Speaking at the handing over ceremony of the establishments’ corporate office at Ohaji, Governor Rochas Okorocha, described Imo Palm Plantation as one of the greatest investments of the state that were mismanaged by the previous administrations.

The governor explained that the plantation was not sold by the government but handed over to a competent organisation for effective management so as to enhance its productivity as well as generate more revenue to the state government.
He added that under the partnership with Roche Group, Imo Palm Plantation would generate 1,500 employment opportunities and provide corporate social responsibilities to boost the development of the host communities.

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