INVITATION TO BID

Bid No.

004/2004-2005

Issued By

Privatization and Public Enterprises Supervising Authority

Bid Doc. Price

Birr 300.00

Published Date

Apr 29, 2005

Opening Date

See detail below

Remarks

Bid Category

Investment Opportunity

Description

 

1.      The Federal Democratic Republic of Ethiopia of Ethiopia currently owns 100% equity of the Share Companies/Factory listed under 3.

2.      The Government intends to sell at least 51% ownership of these Companies/Factory to an investor or a group of investors ready and capable of operating and developing them.

3.      The Privatization and Public Enterprises Supervising Authority (PPESA), pursuant to the powers and duties vested in it by Article 6 of proclamation No. 412/2004, hereby, invites all prospective investors to submit bids for the partial or total acquisition of one or more of the following companies/Factory.

1.      Addis Garment Share Company

2.      Akaki Garment Share Company

3.      Gulelle Garment Share Company

4.      Nazareth Garment Share Company

5.      Modjo Tannery Share Company

6.      Combolcha Tannery Share Company

7.      Ethiopia Canva and Rubber Shoes Factory

4.      The bid documents will be available in Room No. 504 of the privatization and public Enterprises Supervising Authority, Bole Road, in the Ethiopia Investment Commission Building, 5th floor starting May 9, 2005.

5.      Interested bidders can obtain documents during working hours upon payment of non-refundable Birr 300 or the equivalent in U.S. dollars for each set of document.

6.      Bidders shall be submit bid bond in accordance with the instructions to Bidders.

7.      Bids shall be submitted in wax-sealed envelopes on or before Wednesday, June 22, 2005, 5:00 P.M. local time, Addressed as follows:

Privatization and Public Enterprises Supervising Authority
Bole Road, in Ethiopia Investment
Commission Building, 5th floor Room No. 504
Bid Notice No. 004/2004-2005
Bid for _______Share Company/Factory

P.O. Box 11835,
Addis Ababa, Ethiopia
 

1.       8. The bids shall be open on Thursday, June 23, 2005 at 10:00 A.M. local time in
      Room No. 504, at the same address stated above under 7.

9. The Authority reserves the right to accept or reject any or all bids.      

Privatization and Public Enterprises
Supervising Authority

   

Bids (Tenders) are obtained from "The Ethiopian Herald" which is published by Ethiopian Press Agency. All rights reserved.

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