To Purchase Logs from
Myanmar Timber Enterprise and Forest Products Joint Ventures
We, the following agent render service to purchase
timber from Myanmar Timber Enterprise and Forest Products Joint
Venture Corporation Limited;
Company name: Kaung Su San Thar Manufacturing and General Services
Address: No.16 (4f), 148th Street, Kyauk Myaung, Tarmwe Township,
Telephone: 951-297620, 951-295074
Email: email@example.com ,
Our Duties and
(1) Our Company will act on behalf of you.
(2) To purchase tender form.
(3) To submit the specification of log to you.
(4) To inspect and select the logs.
(5) To submit tender form.
(6) To move the logs from District to Yangon and negotiate the
(7) To prepare export license and other documentation to load on the
(8) To load the log on Board.
Purchaser's Duties and
(1) To appoint our company as your agent in
accordance of Rules and Regulations.
(2) For Performance Security, Euro 15,000.00 to be deposited in
Myanmar Foreign Trade
Bank at least four months from the sealed tender date.
(3) To register our company as your agent in Myanmar Timber
(4) To register our company as your agent in Company Registration
Office by signing
Rules and regulation
regarding the tenders
Teak logs, Hardwood logs will be sold on sealed
tender sale as mentioned hereunder. Bids must be Euro "€" per ton.
Sale is made on "lot by lot basis" at each location.
Date and time: As per tender announcement.
Commodity Quantity & Location: Price for sale is
based on FOB (Yangon) /
Price for sale is based on Ex- site
(Loading Transportation from site to Yangon up to On Board the vessel
at buyers own expense, Arrangement, Risk & Responsibility)
a) Teak logs : As per tender announcement
b) Hardwood logs: As per tender announcement
c) Teak squares : As per tender announcement
d) Conversions : As per tender announcement
e) Others : As per tender announcement
a) Euro 15,000.00 stands by L/C (or) Bank Guarantee in favour
of MTE / FJ
b) The validity of Stand by L/C (or) Bank Guarantee must be at
least four months
from the Sealed Tender date.
c) Cash deposit or Remittance can not be accepted.
Payments & Other Terms:
a) After 15 days from the date of sale contract, buyer shall
open PAA L/C with
Telex Transfer Reimbursement term to Myanmar Timber Enterprise.
Account Transfer or payment by T/T is also accepted, but within the
b) For Yangon Depot lots: successful lots must be shipped
within (60)days from the date of sale contract.
For District Depot lots: successful lots must be moved at the buyers
experience, arrangement, responsibility and risk from location within
(60) days from the date of sale contract. Successful lots must be
shipped out within (60) days from the date of arrival at Yangon.
c) In the event of non-compliance of the above terms as per
paragraph"a"&"b", earnest money shall be confiscated.
d) If shipment is not effected as mentioned in the paragraph "b"Ground
rent shall be charged.
e) Bids must be made by the authorized official or his
representative who has registered with the ministry of Commence.
f) All buyers must fill- in Department's form. Bids by other
forms will be rejected.
g) Department reserves the right to reject any bid without
giving any reason. Withdrawal or Surrender of lots by the successful
bidder is not accepted.
NB: Documentary Photos are attached for your preview.