Privatization Cycle

Objectives and policies

• Permit the private sector to contribute to economic development .
• Increase the efficiency of resoures deployment .
• Capital Market development.
• Reduce the government's financial and administrative burden.
• Activate market forces and competition.
• Development of the general budget resources and divesifying sources of income

• Decision is taken and announcement made to privatize an enterprise .The mode of privatization may be specified at this stage.

Privatization strategy

• Development of the work plan and the organizational framework
• Evaluation of local capital availability
• Clarification of foreign capital policies
• Sectors vision and studies
• Identification of expected legal,economic and social obstacles

• Detailed study is carried out to ascertain the position of the enterprise and challenges faced by it and a proposal for the appropriate mode of privatization submitted.

() Sale/partnership () Partial/total placement of shares () Contract award of managerial services () Establishment,operation and acquisition (BOO) () Outsourcing of managerial services

() Technological partnership and additional investments () Large and profitable establishments () Additional capital to enterprises () Power projects and large projects () Public sector's services