Briefing the media at Parliament yesterday, she said South Africa was vying with Libya and Egypt for the privilege.
South Africa's bid already had Cabinet's approval, and was backed by the Southern African Development Community (SADC).
South Africa had been lobbying extensively in the African Union (AU), and was very optimistic.
No decision had yet been made as to where in the country the PAP would be situated, should South Africa's bid be successful, but it was unlikely to be in the "shadow" of the national Parliament in Cape Town, Ginwala said.
The PAP's permanent base would most probably be decided during the AU's heads-of-state meeting in Addis Ababa in July.
The inaugural session of the PAP would be held on March 18 in Addis, and was expected to continue to March 20.
The meeting, to be chaired by current AU chairperson, President Joaquim Chissano of Mozambique, would elect a PAP president and four vice-president, at least one of whom had to be a woman, she said.
Each would represent one of the five regions making up the continent.
Countries that had ratified the PAP protocol would become founding members, and each would send five MPs to the PAP, while three observers from each national Parliament would also be invited.
As of mid-February, about 35 African countries had ratified the protocol, but others could do so until the date of the inaugural meeting, Ginwala said. – Sapa.
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