Some five enterprises attract buyers

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Addis Ababa, 17 February 2014 (WIC) –Some five of the 11 public enterprises put up for bid attracted buyers, the Ethiopian Privatization and Public Enterprises Supervising Agency (PPESA).

Agency Deputy Public Relations Head, Assebe Kebede, told WIC Ethiopian Pharmaceuticals Manufacturing Factory (EPHARM), Kombolcha Textile Share Company, Bekelch Transport Share Company, Hamaresa Edible Oil Share Company were the enterprises that attracted buyers.

The other state enterprises that did not attract interested bidders were Transport Construction Design S.C, Agricultural Mechanization Service Enterprise, Woira Transport S.C, Bahir Dar Textile S.C, Artistic Printing Enterprise and Ethiopian Mineral Development S.C, he said.

According to Assebe, the agency intends to sell the enterprises in full private ownership.