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COMMERCE BUSINESS DAILY ISSUE OF MARCH 31,1995 PSA#1315The Chief Executive, Zambia Privatization Agency, Lusaka, Zambia 99 -- ZAMBIA: POC Tel (260-1) 222858/220177/227823. FAX (260-1) 225270
5201 processor of cotton and cotton seeds product data a detailed
product description: producer of cotton fiber and seed from raw cotton
B product specification/technical data: N/a C quantity: N/a D U.S.
dollar value: N/a e purchase needed by: N/ a F other information: N/a
response data a response language: English B best way to respond: by
fax or express mail C from manufacturer only: N/a D information
required from U.S. firms: see tender package e primary factor: N/a F
other information: tender package May be obtained from: the Chief
Executive, Zambia privatisation Agency, upon signing a confidentiality
agreement and payment of U.S. dollar 100 or 80,000 zambian kwacha. The
deadline for bid submission is May 15 1995 at 1700 hours local time.
Post remarks the Zambia Privatization Agency (zpa), is offering for
sale the firm, lintco, as part of an economic restructuring program
began in 1992 the firm is Zambia's primary processor of raw cotton,
selling mainly lint and cotton seeds operating units for sale are 1 the
Lusaka unit, including two large ginneries, company offices, storage
and distribution capabilities, the Lusaka/kabwe/mumbwa cotton
Development divisions and solwezi/kasama/ mpika assets. 2 the gwembe
unit which includes the ginnery and southern cotton Development
division.' 3 the chipata unit - composed of the ginnery and eastern
cotton Development division. The Zambia Privatization announcement
notes Zambia is Africa's model country, one of the first to experience
transition to plural politics and democracy, and a leader in the
implementation of a Privatization program which will establish a market
Economy led by the private sector apart from Privatization, Zambia has
put in place sound policies which have, in a short period of time,
reduced inflation and stabilized exchange rates the abolition of
exchange control in January 1994, made the local currency, the kwacha,
fully convertible Post contact/prepared by ekilimboyi, Commercial
assistant Please send a copy of your response to: Commercial Section
(TOP), American Embassy, Lusaka, Dept of State, Washington DC 20521
2310, Refer to T28.. (0088) Loren Data Corp. http://www.ld.com (SYN# 0425 19950330\99-0005.SOL)
99 - Miscellaneous Index Page
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