Client Alert: The Ministry of Industry continues its recent spree of privatizations with two new tenders

8
Nov
2016

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The No. 1 and No. 2 Heavy Industry Enterprises under the Ministry of Industry announced, on October 28th, 2016, two new Invitations for Expression of Interest (“IEOI”). The MOI has recently been moving to privatize a number of existing state-owned factories and this is a continuation of that trend. IEOIs are open to both foreign and local companies.

The first IEOI, release by the No. 2 Heavy Industries Enterprise, is for a solar and LED manufacturing factory located in Dagon. The factory is currently in operation and the IEOI is due no later 3 PM on November 22nd, 2016.

The second IEOI, released by the No. 1 Heavy Industries Enterprise, is for the Htauk Kyant city bus manufacturing plant. The IEOI is due no later than 3:00 PM on November 7th, 2016.

Both EOI’s require the following documents to be submitted to the Ministry of Industry:

  1. Valid Certificate of Incorporation
  2. Memorandum of Association and Articles of Association
  3. Name of the Company’s technical “cooperator”

Should you like additional information or require assistance submitting an EOI please contact Edwin@VDB-Loi.com

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