ECCSL - EU Embassies in LK

Ref: 69-A1/2004/24
Date: 28 March 2004

EXPRESSION OF INTEREST FOR AN INVESTMENT PROJECT
IN THE REPUBLIC OF MALDIVES

The government of the Republic of Maldives seeks interested parties for the establishment of a dual carriage four-lane bridge, on BOT (Build Operate & Transfer) terms, linking the capital Male’ with Male’ International Airport (Hulhule island) which is connected by causeway to the newly developed settlement of Hulhumale’. The Male’ International Airport handled 1,271,997 passengers during the year 2003.

The distance between the Islands of Male’ and Hulhule’, at the proposed linkage sites, is approximately 1000 meters.

Firms or Consortia with a proven track record and financial capability, or a Joint Venture with a Financial Services Firm, or vice versa, are eligible to submit the “Expression of Interest”.

Potential investors/JV partners will be expected at the bidding stage to do the proposed design and construction details/drawings of the bridge, a full Environment Impact Assessment, and a financial feasibility with proposed toll charges and collection methods.

The closing date for submission of the “Expression of Interest” is 30th June 2004.

For further information please contact:

Mr. Mohamed Shafeeg Mahmood
Deputy Director (MACL)
Ministry of Transport and Civil Aviation
Male’
Republic of Maldives

Tel: +960772662
Fax: +960323994
E-mail: bridgeinfo@transport.gov.mv

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	Pre-qualification round PSOM 2004 Sri Lanka started
	IMPORTANT

Pre-qualification round PSOM 2004 Sri Lanka started

Senter International, the implementing agency for economic development programmes of the Dutch government, has recently launched the first pre-qualification round for PSOM 2004 in Sri Lanka.
Tender Instructions (TI) and other information on the PSOM programme in Sri Lanka can be found on its website www.senter.nl/psom. All interested Dutch companies can, together with their partner(s) in Sri Lanka, submit their pre-qualification proposals to Senter in The Hague. The deadline for the submission of these proposals is set at 1 March 2004, at 12.00 PM.

What is PSOM?

The Netherlands Minister for Development Co-operation, has identified the private sector as the engine of economic growth and job creation. Investments in the private sector in developing countries are expected to contribute significantly to the alleviation of poverty, provided certain conditions are met.

The Ministry has therefore initiated the Programme for Co-operation with Emerging Markets (PSOM) in order to share some of the initial financial risks that companies face when investing in new products and/or technologies in emerging markets in developing countries. As of January 2003 the PSOM has been revised and will be continued on a more structural basis, aiming at some 60 investments per year in 16 countries.

PSOM co-finances pilot projects, which are to catalyse long term investments and/or a lasting trade relation between the parties. PSOM funds are made available to consortia of Dutch companies and companies of the host country interested to undertake such an investment and trade project. A typical PSOM-project involves a mix of technical assistance, hardware supply and installation, marketing, demonstration and training. PSOM projects usually try out –on a pilot scale- a new line of production or production technology to see whether it is commercially feasible in the country concerned and whether (export) quality standards can be attained. Investors are expected to observe a high standard of corporate social responsibility.

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IMPORTANT:

The Dutch partner should be the leading partner and will be the main contractor towards Senter in case of qualification. This requirement is mandatory and will be strictly adhered to. All information on the tender for Sri Lanka and the tender instructions can be found on the PSOM web-site (see above), from which the instructions can be downloaded.
Senter is not the right organisation to assist in the match-making process. If companies in Sri Lanka are interested to find a suitable commercial partner in the Netherlands, they are advised to undertake a survey of the Dutch market. A visit to the Netherlands in order to investigate the opportunities is recommended. The trade agency of the Ministry of Economic Affairs (EVD) might be of assistance in this process. PSOM is designed for existing trade relationships between Sri Lankan and Dutch companies. PSOM enables these partners to strengthen their cooperation, by means of co-investing in an innovative pilot project in Sri Lanka.

If interested companies in Sri Lanka have any questions on the tender instructions for this PSOM tender in Sri Lanka, they can contact

Mr. Ruud P.M. van Wensen.
e-mail: r.p.m.vanwensen@senter.nl
telephone: + 31 70 3735507
fax: + 31 70 3735605

Mrs. Alida Ristema / Mr. Sanne Kaasjager,
at the Embassy of the Kingdom of The Netherlands in Sri Lanka
telephone: 011-2596914
e-mail: nethemb@sri.lanka.net

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