INVITATION TO BID

Bid No.

002/2008-2009

Issued By

Privatization and Public Enterprise Supervising Agency

Bid Doc. Price

Birr 300.00

Published Date

September 16, 2008

Opening Date

November 14, 2008

Remarks

Bid Category

Acquisition of Public Enterprises

Description

 
 

FOR THE TOTAL ACQUISITION OF STATE
OWNED PUBLIC ENTERPRISE

1.      The Federal Democratic Republic of Ethiopia currently owns 100% equity Awassa Textile Share Company and intends to sell its ownership to an investor or a group of investors ready and capable of operating and developing it.

2.      Therefore, the Privatization and Public Enterprise Supervising Agency (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 total acquisition the company.

3.      The Bid documents will be available in Room No.517 of the Privatization and Public Enterprise Supervising Agency, Bole Road, 5th floor starting September 15, 2008.

4.      Interested bidders can obtain documents during working hours upon payment of non-refundable Birr 300.00 (Three Hundred birr) or the equivalent in U.S. Dollars.

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

6.      Bids shall be submitted in wax-sealed envelopes on or before November 14, 2008 P.M. local time, addressed as flows:

Privatization and Public Enterprise Supervising Agency
P.O. Box 11835
Bole Road
5th Floor Room No. 517
Addis Ababa
Ethiopia

Bid Notice No. 001/2008-2009 Bid For Awassa Textile Share Company.

7.      The bids shall be open on the same day, November 14, 2008 at 3:15 P.M local Time in room No. 509 at the same address stated under 6 above.

8.      The Agency reserves the right to accept or reject bids partially or totally.

Privatization and Public Enterprise
Supervising Agency

   

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

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