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Investment Opportunities in Vanuatu

Power Generation

Tender for Luganville Electricty Concession

Electricity services for Luganville town, the main urban centre on the island of Espiritu Santo, are provided under a concession contract which is due to expire on 31st December 2010.

The Government of Vanuatu (GoV) wishes to appoint the next concessionaire by means of a transparent, competitive international tender. It is therefore inviting interested parties to qualify for participation in the tender.

With only 27% of the population of Vanuatu having access to electricity the GoV is keen to extend the electricity network and promote rural electrification. It is also a priority to improve services for existing customers and to enhance operating efficiency in order to keep costs and tariffs down.

The GoV is therefore offering a 20 year exclusive concession to supply electricity within an area which extends 15km from the Luganville municipal boundary. The concessionaire is also encouraged to serve customers outside this area. The concession includes the right to use the existing physical assets, including the diesel and hydroelectric generating plants, transmission and distribution networks. These are in good condition and there is significant spare generation capacity to cover potential network expansion. There will be an annual Concession Fee payable to the Government of Vanuatu, calculated as a percentage of revenue earned from operations within the Concession Area.

The shortlist of Qualified Bidders will be selected through an evaluation process based on the following: Technical Experience: operating, maintaining and developing similar electricity systems. Regional Experience: in the Pacific region and/or other small island experience would be an advantage. Financial Strength: the concessionaire must be capable of financing the services envisioned in this tender.

A brochure containing more information is available by e-mail from the Transaction Advisor at the address below or can be downloaded from the Vanuatu Investment Promotion Authority website:www.investinvanuatu.com or from website: www.ipaeconomics.com

The current concession contract expires on 31 December 2010, therefore, the Government of Vanuatu is inviting interested parties to qualify for participation in a tender to select the next concessionaire.

The deadline for submissions is 12:00 hours (Vanuatu time) on Monday 12th April 2010.

Energy Unit
Ministry of Lands, Energy, Geology and Mines
PMB 9067
Rue Winston Churchill
Port Vila
Vanuatu
E-mail:
lmoli@vanuatu.gov.vu
Attn: Mr. Leo Moli, Principal Energy Officer

Or

Transaction Advisor
PMB 9093
Ground Floor
VNPF Building
Port Vila
Vanuatu
Email: luganville@ipaeconomics.com
Attn: Mr Richard Kupisz, Lead Advisor
 

TOURISM

Joint-Venture Opportunity

111 ha land, suitable for tourism project, on easst Espiritu Santo. Adjacent to the sea, is flat and gradually rising going inland.

An abandoned coconut plantation for many year, the land has forest products that can be logged when devlopments take place.

Title is available.

Join-Venture Opportunity

A 5 ha land suitable for tourism development is now available. Located in North Efate, along a 200m stretch of white sand beach and borders the main road that was recently tar-sealed by the United States of America through Millennium Challenge Account (MCA) funding.

Title is available.

 
Venui Island, South Santo

A great opportunity for tourism development.

Venui Island, a tiny isllet off the coast of south of Espiritu Santo, about 3.7 ha offers an ideal opportunity for tourism development or any other investments. About 200 meters across deep blue waters to the mainland with white sandy beach, limestones and coral.

An opportunity not to be missed!

Title of the property is available.

 
 
Contact Detail
Vanuatu Investment Promotion Authority
PMB 9011, Level 1, Laguna Building
Port Vila, Vanuatu
Phone: +678 24096 / 24441
Fax: +678 25216
Email: investment@vanuatu.com.vu

LAND

Land in Erakor, S.E Efate

A piece of land of .91ha located at Etmat, Erakor, S.E of Efate, is available for interested investors. Adjacent to white sand beach.

Title is available.

 
Land in S.E Malekula

1400 ha of land, with access to two rivers, is available in Malekula, central part of Vanuatu, suitable for agriculture development.

The property is not registered, however, the landowners are prepared to include the costs in the business deal.

 
Contact Details

Vanuatu Investment Promotion Authority
PMB 9011, Level 1, Laguna Building
Port Vila, Vanuatu
Phone: +678 24096 / 24441
Fax: +678 25216
Email: investment@vanuatu.com.vu Website: http://www.investinvanuatu.com

 
 
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