Ethiopia to privatize 13 sugar projects
Addis Ababa, April 12, 2019 (FBC) –The Ministry of Finance (MoF) and the Ethiopian Sugar Corporation have invited responses to request for information (RFI) to finalize preparation for the privatization of sugar projects.
The RFI aims “to complete the necessary pre-privatization activities to fully or partially privatize the 13 sugar projects that are either fully completed and in production or greenfield projects” the Ministry and the Corporation said in a joint press conference today.
The RFI was issued in order to incorporate inputs from the private sector, facilitate information gathering from interested parties and identify new prospective buyers, they added.
Based on the information provided by respondents, the Ministry will determine the form and mode to engage the private sector in a competitive tender process and in line with laws and regulations of the government.
All documents and information involving the RFI process will be available beginning from Monday 15th of April 2019, on MoF’s website (www.mofed.gov.et) and the Ethiopian Sugar Corporation’s website (www.ethiopiansugar.com) and the Public Enterprises Holding and Administration Agency’s website.