Nghe An: Groundbreaking ceremony for a 330 billion VND modern market in Do Luong

Attending this important event were leaders of the Department of Industry and Trade, Department of Construction, leaders of the Vietnam Market Development and Management Cooperative Union of Do Luong district and many people of Do Luong district.

The project with a total investment of more than 330 billion VND is planned on 3.44 hectares, with a modern design that is an architectural highlight for Do Luong town; to replace the degraded Do Luong market, which no longer ensures fire safety and food safety for operation.

Representatives of departments, branches, Do Luong district and investors held the groundbreaking ceremony for the Do Luong market-combined shopping center. Photo: Le Ngoc Phuong

The Do Luong traditional market and commercial center, with its prime location right on National Highway 7, plays the role of a "gateway" connecting strong trade with the western regions of Nghe An province and neighboring areas.

The project is built spaciously, cleanly with synchronous infrastructure, including parking lot, open road to the market will replace the old market to meet the business needs of people and businesses, help facilitate buying and selling, contribute to the development of commercial services, rapid economic growth for Do Luong district.

The project is invested by the Hai An - Do Luong Market Investment, Construction, Management and Exploitation Cooperative (a member of the Vietnam Market Development and Management Cooperatives Union). This unit has experience in implementing commercial center projects combined with traditional markets such as in Hoang Mai Town, Tan Ky and dozens of projects across the country; contributing to expanding the scale and effectively exploiting the form of modern markets in Vietnam.

The project has been granted Construction License No. 116/GP-SXD by the State agency on December 3, 2019 and has completed legal documents.

Perspective of Do Luong market and shopping center project. Photo provided by the investor.

Speaking at the groundbreaking ceremony, Mr. Duong Van Chien - Chairman of the Vietnam Market Development Association said: In recent years, with the attention and support of all levels and sectors from the central to local levels, the Vietnam Market Development and Management Cooperative Union has gradually developed and operated effectively and practically. Since 2003, the Vietnam Cooperative Union has shifted its business focus to investing, constructing, managing and exploiting projects in many provinces across the country with over 200 projects spread across the areas: Bac Giang, Bac Ninh, Hai Duong, Quang Ninh, Thai Nguyen, Ha Tinh, Quang Binh, Hanoi and Nghe An province... with a total investment capital of over 15 trillion VND. Many projects have been put into stable and effective operation.

Projects invested by the Union have changed the urbanization landscape in localities, contributing to the structural shift from agricultural and industrial production to commercial services, promoting socio-economic development during the period when our country entered the integration period.

In Nghe An, promoting the spirit of serious work and responsibility of investors towards their homeland Nghe An, the Do Luong traditional market and commercial center project is the fourth project of the investor in Do Luong, Tan Ky and Hoang Mai districts with a total registered investment of nearly 1,000 billion VND.

"Diamond" location with convenient traffic connection to the Commercial Center and Do Luong market.

The project is expected to be completed on schedule. The construction of the new Do Luong market today is to replace the old, degraded Do Luong market, in accordance with the Party and State's policies and guidelines as well as the expectations of the community and traders. After the new market is put into operation, the Investor commits to using all the staff and workers of the old market management board to work at the new market management board invested by the Cooperative.

In particular, the Investor also has preferential policies for small traders who have been doing business at the old market and local communities who want to do business at the new market./.