INVITATION TO BID

Bid No.

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Issued By

Public Enterprises Supervising Authority

Bid Doc. Price

See detail below

Published Date

July 7, 2004

Opening Date

See detail below

Remarks

Bid Category

Partners For 5 Public Enterprises

Description

 

Public Enterprises Supervising Authority Advertisement
Invitation to Prospective Management Contract Partners For Expression of Interest in 5 Public Enterprises

The  Public Enterprises supervising Authority (PESA) is an autonomous government office which is entrusted with the tasks of supervising, guiding, supporting and controlling state-owned enterprises to render them competitive and profitable and thereby enabling them to play significant roles in the implementation of the country's industrial development strategy and the  enhancement of economic growth. 

Along this line, efforts need to be exerted to bring the enterprises to a competitive position through capable domestic/foreign private/public companies' partnership. Consequently, PESA intends to find reliable and capable local and foreign partners to undertake the management of said enterprises by drawing up and concluding management contacts. As a second preferred options, joint investment, leasing and export-partnerships modalities could be used. 

PESA invites prospective foreign and local companies to express their interest to enter into a management contract that is a preferred and main options considered for these 5 textile public enterprises to be  a manager/operator. The second preferred options are joint investment, non-equity joint venture, and lease with Public Enterprises to be a joint owner, strategic partner, or lessee. PESA expects the management contract to last for a period of 2/3 years with a possibility of extension depending on the outcome performance achieved. 

The list of enterprises that may be conducted out following the conclusions of management contracts are presented hereunder.

1.      Arbaminch Textile S.C.

2.      Nathreth Garment S.C.

3.      Bahir Dar Textile S. C.

4.      Ethio-Japan Synthetics Textile S.C.

5.      Dire Dawa Textile Factory

The respective enterprise profiles are attached separately and may be available upon request. 

Forms of collaboration, aspects of participation, pre-qualification criteria and forms of submission are clearly specified within the documents to be availed by PESA on request or may  be found in the web site referred to above, the deadline is July 30, 2004. 

Interested parties, either individually or as a consortium should submit, in 3 duplicates, the Expression of Interest ("Eol"), together with Statement of Legal Capacity which shows proof of the authorized signatory is vested with requisite powers to furnish such letter and authenticate the same, in hard copy format in English and each copy shall be bound in a separate volume at the following address:

Public Enterprises Supervising Authority
Fax + 251-1- 53 66 29 or + 251-1- 53 86 28
P.O. Box 2744-1000
Addis Ababa
Ethiopia

Each Eol package submitted must be clearly marked on the outside indicating the particular public enterprise chosen to work with. In the event a single party is interested in more than one enterprise, it should submit separate EoIs for each individual enterprise. 

All expressions of interest must be received by mail or fax starting from the date of issue of this notice at the address stated above. 

The Public Enterprises Supervision Authority reserves the right to cancel the offer partially or fully. 

Contact Details
Enquiries and requests for the information profile should be directed to:
 

Ato Daniel Benti
Public Enterprises Supervising Authority
Tel. + 251-1-53 90 09
Fax + 251-1- 53 66 29 or 53 86 28
email:
Click Here
Addis Ababa
 Ethiopia

   

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