PRIVATIZATION PROCESS FLOW

*Standard procedure but the whole privatization process may take longer depending on the nature and complexity of the asset involved.

 

**Depending on the asset, Issuance or Release of Bid Documents could start from publication until a day before the bid submission deadline.

 

***Due Diligence Period normally coincides with the period for the issuance or release of Bid Documents.  The period allotted for due diligence largely depends on the nature and complexity of the asset bidded out.

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