Government of Pakistan
Privatization Commission

PC INVITES EOI FOR SALE OF MINIMUM OF 90% SHARES OF HAZARA PHOSPHATE FERTILIZERS LTD

Islamabad, January 2, 2006

The Privatization 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 Privatization Commission under Hazara Phosphate Fertilizers Ltd (HPFL). www.privatisation.gov.pk
 

Source: http://www.privatisation.gov.pk/Handout/HO-AR-06/Handout%20January%202006.htm