Ver Angola

Tourism

Sixteen bidders have expressed interest in the IU and BINA hotels. The electronic auction is scheduled for the 25th of this month

A total of 16 applications for the privatization competition for the IU and BINA hotels were received by the State Asset and Participation Management Institute (IGAPE). The preliminary reports are now being notified to the candidates, with the electronic auction scheduled for August 25th.

: angorussia
angorussia  

In a statement that VerAngola had access to, IGAPE reported that "during the application submission phase, within the limited competition by prior qualification, for the privatization of the IU and BINA hotels, the negotiating committee received a total of 16 applications, demonstrating the market's interest in this process, which aims to promote the dynamism of the tourism sector and the appreciation of state assets."

The negotiating committee is currently notifying the candidates with preliminary reports.

IGAPE also states that the "process is following its legal procedures," and the electronic auction is scheduled for August 25th, "with exclusive participation of qualified candidates."

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