INVITATION TO BID

Bid No.

001/2007-2008

Issued By

Privatization and public Enterprises Supervising Agency

Bid Doc. Price

Birr 300.00

Published Date

July 17, 2007

Opening Date

September 5, 2007

Remarks

Bid Category

Acquisition of Public Enterprises

Description

 

FOR THE PARTIAL OR TOTAL ACQUISITION
OF GOVERNMENT OWNED PUBLIC
ENTERPRISES/SHARE COMPANIES
BID NOTICE NO. 001/2007-2008

1.  The Federal Democratic Republic of Ethiopia currently owns 100% equity of the share Companies and Enterprise.

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

3.  The Privatization and Public Enterprise Supervising Agency (PPESA), pursuant to the powers and duties vested in it by article 6 of proclamation No. 412/2204 hereby, invites all prospective investors to submit bids for the partial or total acquisition of one or more of the following companies:

                1. Adie Ababa Yarn Share Company

                2. Combolcha Textile Share Company

                3. Yerer Flour Share Company

                4. Ethiopian play wood Factory

4. The bid documents will be available in Room No. 517 of the Privatization and public Enterprises Supervising Agency, Bole Road, 5th Floor starting July 12, 2007.

5. Interested bidders can obtain documents during working hours upon payment of non-refundable Birr 300.00 (Three Hindered Birr) or the equivalent in U>S> Dollars for each set of document.

6. Bidders shall submitted bid bond in accordance with the instructions to bidders.

7. Bids shall be submitted in wax-sealed envelopes on or before Wednesday, September 5, 2007 at 10:00 AM. Local time, addressed as follows:

Privatization and public Enterprises Supervising Agency
P.O. Box 11835
Bole Road, 5th Floor Room No. 517
Addis Ababa
Ethiopia
Bid Notice No. 001/2007-2008
Bid for………. Share Company/Factory

8. The bids shall be opened on the same day, September 5, 2007 at 10:15 AM local time in Room No. 509 at the same address stated under 7 above

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

Privatization and Public Enterprises
Supervising Agency

   

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