The Zambia Development Agency (ZDA), a statutory body that was established under the ZDA Act No. 11 of 2006, hereby invites prospective bidders to submit applications to Pre-Qualify for participation in the sale of majority stake in INDENI Petroleum Refinery Company Limited (INDENI) as a Strategic Equity Partner

IINDENI is a company owned 100% by the Industrial Development Corporation (IDC) Limited. The IDC is wholly owned by the Government through the Minister of Finance pursuant to the Minister of Finance (Incorporation) Act Cap 349 of the Laws of Zambia. It is charged with the mandate to spearhead the Zambian Government’s Industrialisation and commercial investments agenda aimed at developing Zambia through investment in key economic sectors that contribute to sustainable economic growth and job creation. The IDC is also mandated to hold State-owned enterprises incorporated under the Companies Act with a view to transform these entities towards commercial viability.

Please click here for more information http://www.idc.co.zm/tender/invitation-pre-qualify-investment-opportunit...