Addis Fortune (Addis Ababa)

Ethiopia: Agency Offers 11 Enterprises for Sale

The Ethiopian Privatization & Public Enterprises Supervising Agency (PPESA) has floated tender for the acquisition of 11 public enterprises.

The enterprises up for bid are the Ethiopian Mineral Development S.C, Ethiopian Pharmaceuticals Manufacturing S.C, Bahir Dar Textile S.C, Kombolcha Textile S.C, Hamaressa Edible Oil S.C and Bekelcha Transport S.C, deputy Public Relations head, Asebe Kebede, disclosed.

Moreover, Weyra Transport S.C, Caustic Soda S.C and Artistic Printing Enterprise, Agricultural Mechanization Service Enterprise and Transport Construction Design S.C are the enterprises offered for sale by the agency, he said.

The Ethiopian Pharmaceuticals Manufacturing, Bahir Dar Textile and Kombolcha Textile Share companies were offered for sale for the first time, according to Asebe.

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