INVITATION TO BID

Bid No.

003/2005-2006

Issued By

Privatization and Public Enterprise Supervision Agency

Bid Doc. Price

Birr 300.00

Published Date

December 10, 2005

Opening Date

February 17, 2006

Remarks

Bid Category

Company Acquisition

Description

 

1.      The Federal Democratic Republic of Ethiopia currently owns 100% equity of the following 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 operation and developing the companies.

3.      The Privatization and Public Enterprise Supervision Agency (PPESA), pursuant to the power 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 Ababa Tannery Share Company                    Addis Ababa

2. Anbassa Shoe Share Company                                Addis Ababa

3. Tikur Abay Shoe Share Company                            Addis Ababa

4. Combolcha Textile Share Company                          Addis Ababa

5. Edget Yarn Share Company                                     Addis Ababa

6. Meher Fiber Products Factory                                  Addis Ababa

7. Ethiopian Fiber Products Factory                              Addis Ababa

8. Debre Berhan Blanket Factory                                  Addis Ababa

4.      The bid document will be available in Room No. 517 of the privatization and Public Enterprise Supervising Agency, Bole Road, in the Ethiopian Investment Agency Building, 5th Floor starting December 19, 2005.

5.      Interested bides can obtain documents during working hours upon payment of non-refundable Birr 300 (Three Hundred Birr) or the equivalent in U.S. Dollars for each set of document.

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

7.      Bids shall be submitted in wax-sealed envelope on or before Friday, February 17, 2006 at 5:00 P.M. local time, Addressed as follows:

Privatization and Public Enterprise Supervising Authority
P.O. Box 11835
Addis Ababa
Ethiopia
Bole Road, in Ethiopian Investment Agency Building
5th floor Room No. 516,
Bid Notice No. 003/2005-2006
Bid for . Share Company/Factory

8.      The bids shall be opened the same day, February 17, 2006 at 5:30 P.M. local time in Room No. 509 at the same address stated above under No. 7.

9.      The Agency reserves the right to accept or reject the bid partially or fully.

Privatization and Public Enterprises
Supervising Agency

   

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

2005 by [EthioMarket]. All rights reserved.  Terms and Conditions

WWW.ETHIOMARKET.COM