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Expression of Interest (EOI) for Investors
Ref No: HO-Admin-5(i)/2024
Date: 23rd May 2025

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Northern Areas Transport Corporation (NATCO) invites Expressions of Interest (EOIs) from reputable individuals, companies, and firms interested in establishing and operating high-quality food outlets and restaurants at strategically located NATCO-owned Mountain Filling Stations (MFS).

These food service points will cater to passengers of NATCO buses, as well as general travelers and tourists, offering a significant commercial opportunity along some of the busiest travel corridors in Gilgit-Baltistan. The targeted MFS locations include:

• Jutial (Gilgit)

• Juglot

• Bisham

• Ghakuch

• Sost

In addition to food outlets, NATCO has developed hospitality infrastructure at some of these locations (such as rooms and washroom facilities at Sost, Juglot, and Astore). There is also additional land available at Gilgit MFS, providing a further opportunity for integrated “stay and dine” ventures.

This initiative is designed to offer nutritious, safe, and hygienic food, as well as comfortable lodging for NATCO passengers and tourists, contributing to the enhancement of travel and tourism experiences across the region.

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Investment Opportunities

Investors are invited to submit proposals to:

• Establish and operate food outlets/restaurants

• Develop integrated lodging facilities where applicable

• Run these services under lease, joint venture, or any mutually agreeable commercial model

The key goal is to ensure:

• High service quality

• Sustainable business operations

• Fair benefit-sharing between NATCO and investors

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Terms and Conditions

1. Tender Documents
   Detailed documents can be obtained from:

   • Manager (Admin), NATCO Gilgit

   • GM South, NATCO Islamabad
     Upon payment of a non-refundable fee of Rs. 20,000/-.

   Those downloading the tender from the NATCO website must pay the fee in cash at least one hour before the opening of EOIs.

2. Submission Deadline

   • EOIs must be submitted by 12:30 PM on 12th June 2025

   • Proposals will be opened the same day at 1:00 PM in the presence of the applicants or their representatives.

3. Eligibility Criteria

   • Applicants must be registered businesses with a valid NTN/certificate

   • Must have relevant experience in the food and/or hospitality sector.

4. Proposal Requirements

   • A detailed business plan

   • Scope of renovation or furnishing

   • Proposed operational model

5. Operational Responsibilities

   • Investors will bear all costs for renovation, furnishing, and daily operations.

6. Contract Duration

   • Minimum term is five (5) years, extendable based on performance and mutual agreement.

7. Evaluation & Selection

   • Only technically qualified proposals will be considered for financial negotiations and formal agreements.

   • Terms such as rent, revenue sharing, or lump-sum payment will be discussed with shortlisted candidates only.

8. Monitoring & Compliance

   • NATCO reserves the right to monitor operations and review performance periodically.

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This is a unique opportunity for serious investors to contribute to the development of tourism infrastructure in Gilgit-Baltistan and build a profitable, long-term venture in partnership with NATCO.

For further details and document access, please contact the NATCO offices in Gilgit or Islamabad.

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Sd/- Abdul Hameed
General Manager (Administration)
NATCO – Gilgit-Baltistan
Tender Reference: IDGB-ND/373/25

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