A tender is announced for selecting strategic investor in the
"Zamyn-Uud" free economic zone. In accordance with the Law on Free
Zones and the Law on the Legal Status of the "Zamyn-Uud" Free Economic
Zone, the Government of Mongolia announces an international open tender
of competitive selection (hereinafter referred to as "Tender") for
strategic investor interested in investing in building the Recreation
and Entertainment complex (including a casino) in "Zamyn-Uud" Free
Economic Zone (hereinafter referred to as "Zamyn-Uud" FEZ) under an
Investment Agreement and to be given an exclusive right to run casino
business and to invest in establishing main infrastructure of the FEZ (electricity supply lines, a clean water supply, disinfecting and
effluent treatment plants, roads, railways, telecommunications network
and the international airport).
The Evaluation Committee will organize
and evaluate the Tender subject to the terms and rules set forth in the
Rules of Tender, approved by Government Resolution 313 of 2006. The
Authorized Representative of the Evaluation Committee shall be the
Governor of the "Zamyn-Uud" FEZ. The planned area for the Recreation
and Entertainment complex in "Zamyn-Uud" FEZ is 20 hectares.
SUBMISSION
OF APPLICATION/EXPRESSION OF INTEREST
Domestic or international legal
entities or consortia with participation thereof that meet the
following requirements set forth by the Government, may submit an
Application/Expression of Interest to participate in the Tender: 1.
experienced in tourism and services, hotels, entertainment and show
business management;2. at least 5 (five) years experience in casino
business; 3.equity not less than US$ 500.000.000 (five hundred
million); 4.sound financial condition and performance record. Following
the Tender Announcement, parties expressing interest to participate in
the Tender ("Applicant") must submit a formal Application/Expression of
Interest both in Mongolian and English languages accompanied by the
following documents to the Authorized Representative of the Evaluation
Committee: 1. An Application Form;2. A duly executed Confidentiality
Agreement signed by the Applicant s Authorized Representative;3.
Evidence of payment of a non-refundable Tender Fee of US$ 1.000 (one
thousand);4. In case of designating an Authorized Representative, a
Power of Attorney executed according to the procedure specified by
law;5. Information regarding Applicant s background, including (in case
of a consortium, such information would need to be provided for each of
the consortium members):- Legal name, address and business profile of
the Applicant;- Capability statement evidencing the Applicant s
business activities and experience and in tourism, service, hotel
(casino), entertainment and show business management;- Documents
evidencing foundation and registration of the Applicant company;-
Audited year-end financial statements (in case of a public corporation,
annual report to shareholders) for the most recent year;- If the
Applicant is a joint-stock or a limited liability company, a list of
shareholders owning more than five (5) percent of the Applicant s total
stock, including the number of shares owned /the list must be certified
by the company s authorized official or by an authorized
organization/;- In the case of participating as a consortium, signed
agreement between the consortium members and evidence of the decision
of the governing body of each member to participate in the Tender as a
consortium. The Application Form and Confidentiality Agreement are
available from "Zamyn-Uud" FEZ website at If the Applicant
appoints an Authorized Representative to represent it in the Tender,
the representative s authorization must be confirmed by a written power
of attorney executed according to the procedure specified by law. If
several legal entities and individuals are participating in the Tender
as a consortium, they shall appoint only one Authorized Representative
to represent them collectively as one Tender Participant. The Applicant
shall be entirely liable for completeness and accuracy of its profile,
information regarding its legal status, capital, financial condition
and other information submitted to the Tender. Applications/Expressions
of Interest to participate in the Tender must be submitted to the
Authorized Representative of the Evaluation Committee no later than
18.00 /Ulaanbaatar time/ of March 2, 2007 starting from the date of
this Announcement.
ADDRESS:
To: Mr. Ya.Gantumur, Authorized
Representative of Evaluation Committee
Governor of "Zamyn-Uud" FEZ;
Government Building 11, Room 1101; Ulaanbaatar - 211238, Mongolia;
Phone: + 976-11-330294; Fax: + 976-11-318168
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