HAZINA SAVING AND CREDIT COOPERATIVE SOCIETY LTD
REQUEST FOR EXPRESSIONS OF INTEREST (EOI)
INVESTMENT OPPORTUNITIES AT HAZINA SACCOS BUSINESS CENTRE
Hazina SACCOS Ltd is a registered Savings and Credit Co-operative Society whose main objective is to mobilize savings from members and in return provide credit facilities. The SACCOS was established in I972 and registered on March 1973. at that time it was having 100 members, but now the number of members of SACCOS has increased to about 5,600. The SACCOS has members from all the Ministries and Government parastatals and corporations in Tanzania Mainland. The SACCOS run its activities in compliance with the Co-operative Societies Act, No.6 of 20I3 and its regulations issued in 2015, the Hazina SACCOS Constitution and its internal policies.
Hazina SACCOS Ltd is determined to employ all the possibility for more growth and better performance to ensure sustainability of the institution. The action being taken in improving quality of services includes increasing shares, savings which contribute to an even faster growth in savings and loan portfolio which will in turn lead to improved profitability, liquidity and hence strengthening of the Society.
Hazina SACCOS owns a piece of land with approximately 22.80 acres located at Plot 7, Block F, at Njedengwain Dodoma City; about 13 Kilometers from Dodoma City Centre. The SACCOS aims to develop, over the said plot a business centre to comprise of a four star hotel, a shopping mall and office building. The plot is surrounded by tarmac roads from University of Dodoma and Morogoro road. It is neighbored by Road Fund Board, NEC, TANROAD and Arusha International Conference Centre (AICC).
Consistent with its objectives, the Hazina SACCOS Ltd is now seeking for eligible, competent, and reputable strategic investor(s) who can demonstrate the appropriate expertise and experience to invest in the development of the Business Centre. The Hazina SACCOS will contribute land for the project in this strategic partnership.
Attractive proposals will be selected and allocated parcels of land develop and operate the developed properties through qualification-based selection process on the EIOs submitted response to this invitation.
The parcels of land that are already planned have been delineated follows:
· Commercial/shopping mall;
· Four star hotel;
· Office block; and
· Other associated social and infrastructure facilities.
Hazina SACCOS now invites sealed bids for Expression of Interest (EOI) from eligible and reputable local and international investors to formally express their interest in becoming preferred investors in the development of the Hazina SACCOS Business Centre in Dodoma.
Interested and eligible prospective investors must provide information that will demonstrate their capability and experience to design, build, finance, operate and transfer projects of their choice by providing the following information:
· Company profile.
· Financial information.
· Average annual turnover.
· Legal capacity to enter into an agreement in accordance with and as is required by law.
· Demonstration of the ability to mobilize resources in undertaking of real estate development projects.
· Demonstration of expertise and skills in undertaking real estate and related infrastructure development projects.
· Demonstration of relevant experience in undertaking real estate development projects of similar size and scope.
· Demonstration of creativity to incorporate new housing development technologies.
interested eligible local and international investors may submit their bids as individual or company of two or more individual/companies.
Interested local and international investors may seek clarification in writing, and the same to be received, at least fourteen (14) working days (Mondays to Fridays) before the date of closing of the EOI advertisement
The SACCOS reserves the right to accept or reject any bid, and to annul the Expression of Interest process and reject all bids at any time prior to short listing and awarding, without thereby incurring any liability to the affected bidder/s.
Further, through this solicitation Hazina SACCOS invites Expressions of Interest (EOl) from individuals and business entities, who are interested in investing in Hazina Business Centre at Njedengwa by providing their own proposals and business concepts that are congruent with the Dodoma Masterplan. All concepts are welcome as long as they align with the Dodoma City Masterplan.
The Bid will be available at the cost Equivalent to Usd l00 deposited in account number 20106600494 with National Microfinance Bank (NMB) With a name Hazina SACCOS Ltd.
All applications should be submitted before 30th of November 2019
The application should be submitted to:
Chairman,
Hazina SACCOS Limited
P.O. Box 9111,
Dar es Salaam, Tanzania.
Bidders are strongly encouraged to read the entire project business plan that can be obtained from Hazina SACCOS Ltd office located at Dodoma Hazina Saccos Ltd -Traesury square .
