Tunisian Bussinessmen Exploring Possibilties of Investing in Ethiopia

Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) and the Tunisian Chamber of Commerce and Industry held business-to-business meeting in Addis Ababa.

The Tunisian delegation comprised of high officials and representatives of 40 companies engaged in agro-processing and industry.

Tunisian Chamber President, Nejib Mell said the delegation came to explore the scope of partnership in trade and investment.

The companies are interested in finding partners which would intensify the economic cooperation between the two countries, he added.

AACCSA Deputy Secretary General, Shibeshi Bettemariam said on his part Ethiopia has a great place for prospective business partners and investors.

He called into attention the booming construction, infrastructure, agro-processing and manufacturing sectors as well as the lucrative incentives such as 5 year tax holiday, cheap electricity and labor as attractive opportunities.

Representative of the Tunisian Andalusian White Cement Company, Ahmed Ben Abdullah said the construction boom in Ethiopia has attracted his company to visit the country.

He added that there is no company which produces white cement in Ethiopia.

Representatives of the two chambers have finally signed Memorandum of Understanding that improves business cooperation between the two countries.

Meanwhile, Tunisian Secretary of State for Foreign Trade Hichem Ben Ahmed had earlier hold discussion with Foreign Affairs State Minister Aklilu Hailemichael.

They discussed about the issue of strengthening bilateral relation between the two countries.

Secretary of State Hichem Ben Ahmed said Tunisia wants to strengthen business-to-business relation with Ethiopia.

He added that relation between Ethiopia and Tunisia is historical but their trade exchange is low.

Tunisian businesspersons are interested in investing in edible oil products in Ethiopia and strengthen trade relation, according to Hichem Ben Ahmed.

State Minister Aklilu Hailemichael said on his part that as Ethiopia imports huge amount of edible oil Tunisian investment in edible oil products will help the country to save hard currency.

The country can also benchmark Tunisia’s experiences in education, tourism and industry, he noted.

Ethiopia and Tunisia established diplomatic relations in 1968.

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INFORMATION REGRDING THE DIASPORA TRUST FUND

Invitation for Bid

Name of Country: Ethiopia

Name of Project: Procurement of 400,000 MT wheat grain or milling wheat for Ministry of Trade and Industry (Ethiopian Trading Business Corporation).

Procurement Reference number: PPPDS/ETBC/ICB/PG/131/03/2011

The Public Procurement and Property Disposal Service (PPPDS) on behalf of Ethiopian Trading Business Corporation have funds with the Procuring entity’s budget to be used for the Procurement of 400,000 MT milling wheat.
The PPPDS invites eligible Bidders for the supply of goods and services mentioned above.
Bidding will be conducted in accordance with the International Competitive Bid (ICB) procedures, contained in the Public Procurement and Property Administration Proclamation of the Government of the Federal Democratic Republic of Ethiopia and is open to all Bidders from eligible source countries.
Interested eligible bidders may obtain further information from PPPDS and inspect the bidding document at the address given below at 7(a) from 8:30 am to 5:30 pm until bid closing date.
A complete set of bidding documents in English may be purchased by interested bidders at the address given below at 7(a) upon payment of a non-refundable fee of Birr 200.00 (two Hundred Birr) or equivalent amount in easily convertible hard currency. The method of payment will be in cash.
Bid must be delivered to the Address below at 7(b) on or before 31^st January 2019 at 10:0 0 am.
All bids must be accompanied by a bid security amount valued at 100,000 birror equivalent amount for each lot in the form of CPO or an unconditional Bank counter guarantee from domestic Commercial Banks. The bid security should be in the name of Public Procurement and Property Disposal Service. Bids will be opened in the presence of the bidders or their representatives who choose to attend the event at the address below at 7(b) at 10: 15 am on 31^st January 2019.

(a) Documents will be issued at Ministry of Finance, compound No.2, block 5^th, 1^stfloor, room No. 101, Telephone 011-1-540524, 011-1-223755/22

(b) Bids must be delivered to, and will be opened at PPPDS, Ministry of Finance, compound No.2, Block No. 5^th, 1^st floor conference Hall.

PPPDS reserves the right to reject any or all bids and any items on the bid.

Public Procurement and Property Disposal Service (PPPDS)

Tel. 011-1-540524, 011-1-223755 or 011-1-223722

Website; http://www.pppds.gov.et

Addis Ababa, Ethiopia

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