Joint Venture Partnership in Respect of Development of Plots: Expression of Interests

Reli Assets Holding Company
Tender No DFS/10/2008

Joint Venture Partnership In Respect Of
Development Of Plots.

__________Expression Of Interests _______

1. Reli Assets Holding Company (RAHCO) is a Limited Company formed under Railways Act 2002 (Act No. 4 of 2002) and incorporated in the United Republic of Tanzania under the Companies Act No. 12 of 2002. RAHCO is wholly owned by the Government of United Republic of Tanzania and is under the Ministry of Infrastructure Development.

2. Reli Assets Holding Company has plans to develop in joint venture partnership its plots/ land located in strategic investment areas in Dar es Salaam, Mwanza and Tanga Cities.

3. Reli Assets Holding Company invites eligible local and/or foreign investors to express their interest in development of the following plots located in prime areas:-

Lot 1: Plot No.2405/118 along Sokoine drive/Railway street in Dar es Salaam, with an
area of 4,624 m2. (Preferably but not limited to construction of a multistorey,
multiple use building).

Lot 2: Plot No.L.18 & L.17 along Nkrumah Street in Dar es Salaam, with an area of
1,850 m2. (Preferably but not limited to construction of a multistorey building)

Lot 3: Plot No 248 block T Beach plot along the Lake Victoria in Mwanza City, with
an area of 28,560 m2.( Preferably but not limited to construction of a five star
hotel)

LOT 4: Plot opposite NSSF Water Front Building, with an area of 1.3 hectares (Preferably
but not limited to construction of multistorey, multiple use building)

Lot 5: Tanga Railway Club Plot No 16 Bombo Road with a good view to the port with
an area of 4,319 m2 (Preferably but not limited to construction of a number of
apartment buildings)

4. RAHCO is desirous of jointly developing the above plots into ultra-modern multistorey complexes that will provide up-market commercial and residential premises.

5. Interested and serious joint venture applicants are therefore invited to submit their applications for a specific plot(s) together with bankable development proposals which includes schematic proposal of buildings and write-up entailing the technical viability of the projects, financial capability, audited accounts for the last 3 years, mode of financing, names(s) of the developer, experience in Joint Ventures and incase of companies to include names of shareholders, shareholding arrangement, certificate of registration or incorporation, an up-to-date tax clearance, certificates of VAT registration, detailed company profile. Any other additional information that the investor has that will add value to the proposed project

6. The joint venture partner shall be selected in accordance with Public Procurement Regulations.

7. Interested and eligible joint venture partners should submit their expression of interest to:-

Managing Director,
Reli Assets Holding Company,
PLT 438/128 Sokoine/Railway street,
P.O. Box 76959,
Dar es Salaam.

8. Each expression of interest should be submitted in sealed envelope clearly marked "Lot No..." and "TENDER NO DFS/10/2008: EXPRESSON OF INTEREST FOR JOINT VENTURE PARTNERSHIP IN RESPECT OF DEVELOPMENT OF PLOTS" and
delivered at RAHCO tender box located in RAHCO conference room at 1st floor.

9. Deadline for submission of expression of interests is on 27/02/2009. Faxed or e-mailed submissions shall be treated as non responsive and shall not be evaluated.

10. Telegraphic, Telefax electronic and late submissions shall not be accepted. Expression of interests not received and not opened in public at the public opening ceremony shall not be accepted for evaluation irrespective of circumstances.

11. The company is not bound to accept any expression of interest submitted and non compliance of the stated conditions shall automatically disqualify the expression of interest.

12. Interested and eligible joint venture partners may obtain further information from the:-
Director of Technical Services,

Reli Assets Holding Company,
Tel :+255 22 2110600/599 ext 2260
P.O.Box 76959, Fax: +255 22 212 7404
Dar es Salaam.