New Do Luong Market: Many special preferential policies for traders in the old market
(Baonghean.vn) - The Do Luong traditional market combined with commercial center (new Do Luong market) has been invested in and built, which is good news for traders after a long time operating at the old market that has deteriorated. To help traders quickly stabilize their business, the investor of the new market has announced many policies to provide maximum support for people when moving locations.
Compared to the old market which was degraded, did not ensure fire prevention and fighting safety and food hygiene and safety, and did not have enough conditions to protect people's health in harsh weather, the new Do Luong market was invested in construction with advantages such as large scale, spacious, clean, modern design and spacious space; helping traders feel secure in buying and selling, developing their business.
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| The Do Luong Traditional Market and Trade Center project is located next to National Highway 7, with a total investment of more than 330 billion VND, a scale of 1,338 kiosks, stalls, and several buildings from 1 to 7 floors high. Photo: Document |
According to the reporter's research, if the old market was only allowed to operate until 5 pm, the new Do Luong market will operate from 2 am to 11 pm; with a system of machinery and high-pressure lighting provided throughout the entire project. This is one of the special advantages, because it can be developed into a night market, attracting a large number of tourists, not just limited to local visitors coming to shop.
The cooling and heat-proofing system operates at high capacity, the spacious and scientific infrastructure ensures the most convenient circulation and trading of goods. With the advantage of a prime location, traffic inside and outside is convenient, with the outer side along the national highway having a width of 57m, some sections are even 78m wide. Therefore, the opportunity for small traders to buy and sell is more convenient, the revenue promises to increase many times compared to doing business in the old market.
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| The new Do Luong market project broke ground on January 4, 2020. Previously, the groundbreaking ceremony took place in December 2019 with the participation of representatives of departments, branches and sectors of Do Luong district, and thousands of small traders. Photo: Document |
The official announcement from the investor - Hai An - Do Luong Market Investment, Construction, Management and Exploitation Cooperative said that the policy set for traders of the old market when moving to the new Do Luong market has been completed, with the following notable provisions:
Rental Supportbusiness point:
- Discount on stall and store rental compared to the approved original price.
- 0% interest rate support from the loan date to the product receipt date if you need a loan.
- Arrange and draw lots for business locations at the new Do Luong market equivalent to locations at the old market according to the approved product line arrangement plan without having to go through an auction.
- 15% discount from the original price of the investor.
- 100% interest support until receiving the product when customers borrow to buy a business location with a repayment period of 10-15 years with a loan of up to 70% of the product value.
Support for business relocation:
- Support 3 million VND per business location to move from the old market to the new market.
- Support 1 million VND/month for 12 consecutive months from the date of product handover (500,000 VND for business stabilization, 200,000 VND for electricity and water support and 300,000 VND for gasoline and phone support for people from the old market who move to the first year).
- Free parking and environmental sanitation fee within 12 months.
Business support:
- The investor supports connecting and carrying out legal procedures with distributors of goods and businesses supplying products and services to support small traders at the market to access goods with the best quality and most competitive prices.
- Support small traders in searching, introducing, and linking sources of goods consumption with other localities and areas to increase sales revenue, expand and diversify business and trading markets.The above policy framework is considered positive, aiming to protect the maximum interests of traders operating at the old Do Luong market. Although the project has received great attention from investors and traders in other areas, the investor affirmed that it will give top priority to traders at the old market; then to other customers who need to lease and auction the remaining business locations in accordance with legal regulations.
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| The priority registration deadline for small traders at the old market who want to rent kiosks with 2 floors or more on main roads is before January 15, 2020. Photo: Document |
The new Do Luong market project was approved by the People's Committee of Nghe An province on February 15, 2017, in accordance with the Government's policy of socialization and modernization of traditional markets. After the new market comes into operation, the land area of the old Do Luong market will be planned and built to serve other development purposes of the State.
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| The new Do Luong market is being urgently constructed day and night with a strict acceptance process for every steel bar, inch of land, and block of concrete. Photo: Document |
After more than 20 days of starting the project, the Do Luong Traditional Market and Commercial Center Project is exceeding the initial construction schedule by more than 40 days (more than half of the time) for leveling, foundation work and construction of market kiosks.
The investor affirmed that with the progress being implemented, the project is expected to be handed over and put into use in September 2020. That is, it will only take about 10 months to complete the market project worth more than 330 billion VND, with a scale of more than 34,000 m2and the most modern in Nghe An province./.
