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The Privatisation Commission has invited Expressions of Interest (EOI) from
prospective investors (fertilizers companies, industrial companies and groups,
investors / consortium of investors who can demonstrate their ability to
efficiently manage and operate the company) for the sale of minimum of 90%
shares of Hazara Phosphate Fertilizers Ltd (HPFL), owned by National
Fertilizers Corporation of Pakistan (NFC), located at Haripur (NWFP) - 75 km
from Islamabad. The factory is situated on 57 acres on developed land and
includes factory, housing and other amenities.
HPFL produces 90,000 metric tons per annum of Granular Single Super Phosphate
(GSSP) and 30,000 metric tons per annum of Sulphuric Acid required for the
production of GSSP. The plant was rehabilitated and re-commissioned in April
1999.
The interested parties have been asked to submit their EOIs along with Name of
company / group with details of ownership / group structure and corporate and
constitutive documentation, investors / consortium of investors (Including
investors profile in terms of ownership & net worth), Audited financial
accounts for the last three years, where applicable, Copies of CNIC of
Directors / Investor(s) and Two (2) Bank References. They should also provide
telephone, mobile, fax, email, and name of the duly authorized person who can
be contacted for any information and clarification. The EOI must reach the PC
along with a non refundable processing fee of Rs.50,000/- by February 13,
2006.
Information Memorandum, Bid Documents, and a tentative time frame for the
process will be provided to pre-qualified parties only. A summary profile of
the company is available on the website of Privatisation Commission under
Hazara Phosphate Fertilizers Ltd (HPFL).
www.privatisation.gov.pk