INVITATION TO BID

Bid No.

002/2005-2006

Issued By

Privatization and Public Enterprise Supervising Authority

Bid Doc. Price

Birr 300.00

Published Date

November 13, 2005

Opening Date

January 6, 2006

Remarks

Bid Category

Companies Acquisition

Description

 

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

2.      The Government intends to sell at least 51% ownership of these Companies/Factory to a local 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. Abay Technical and Trading Share Company                              Addis Ababa
  2. Addis Spare part Import and Distribution Share Company            Addis Ababa
  3. Addis Ketema Candy 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 November 9, 2005.

5.      Interested bides can obtain documents during working hours upon payment of non-refundable Birr 300 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 January 6, 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. 002/2005-2006
Bid for . Share Company/Factory

8.      The bids shall be opened the same day Friday, January 6, 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 any or all bids.

Privatization and Public Enterprises
Supervising Agency

   

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

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