INVITATION TO BID

Bid No.

004/2005-2006

Issued By

Privatization and Public Enterprise Supervision Agency

Bid Doc. Price

Birr 300.00

Published Date

July 11, 2006

Opening Date

September 8, 2006

Remarks

Bid Category

Companies Acquisitions

Description

 

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

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

  5. Edget Yarn & Swing Thread Share Company            Addis Ababa

  6. Ethiopian Fiber Products Factory                              Addis Ababa

  7. Debre Birhan Blanket Factory                                   Debre Birhan

4.      The bid documents will be available in Room No. 517 of the Privatization and Public Enterprise Supervision Agency, Bole Road, in The Ethiopian Investment Agency Building, 5th floor starting July 11, 2006.

5.      Interested bidders can obtain documents during working hours upon payment of non-refundable Birr 300 (Three Hundred Birr) or the equivalent in U.S. Dollar 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 envelopes on or before Friday, September 08, 2006 at 5:00 P.M. local time, Addressed as follow:

Privatization and Public Enterprises Supervision
Agency
Bole Road, in Ethiopian Investment Agency Building
5th floor Room No. 517
P.O. Box 11835
Addis Ababa
Ethiopia
Bid Notice No. 004/2005-2006
Bid for…………Share Company/Factory

8.      The bid shall be open on the same day, September 08, 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 bid partially or fully.

Privatization and Public Enterprises
Supervision Agency

   

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

© 2006 by [EthioMarket]. All rights reserved.  Terms and Conditions

WWW.ETHIOMARKET.COM