Bauchi state Governor Senator Bala Abdulkadir Mohammed has signed a Memorandum of Understanding with IHP Capital on investment in health and education sectors.
Speaking during the occasion at, Government House Bauchi, Governor Bala welcomed the organization to Bauchi and assured them of safety of their investment in the state.
He said the one billion US dollar MoU will contribute positively in assisting his administration to provide lasting solutions to the challenges facing the two critical sectors.
Mohammed acknowledged the capacity of IHP Capital to deliver the agreement considering number of its projects executed in many countries around the globe.
Earlier, the Managing Director of IHP Capital, Mr Vandishwar Kansal said the agreement would construct 250 bed teaching hospital, five star hotel among others.