Construction of a market worth over 100 billion VND will begin in Que Phong

Strategically located in the economic zoneWestern Nghe An, is the trade exchange area between Vietnam and Laos, in recent years, Que Phong district has always received attention from departments and branches, creating conditions to attract investment in many large projects, commensurate with the development of business, trade and services that are increasingly growing.Que Phong district.

The groundbreaking ceremony of the Kim Son Market Investment, Management and Operation Project will take place in Kim Son town with the presence of delegates, distinguished guests from departments, branches of the province, district, town, and a large number of reporters and residents of the town. In addition to the groundbreaking ceremony, the ceremony will also present practical gifts to poor but excellent students of Que Phong district, to encourage them to strive and excel in their studies.

Playing the role of a development locomotive of Que Phong district, in the period of 2015 - 2020, Kim Son town has recorded many important marks in all fields. For example, the average economic growth index for the whole term reached 8 - 9%, the annual budget revenue in the area increased by 10 - 20%, the number of current traffic routes has been concreted 9/10, exceeding 02 routes compared to the resolution target... By 2020, the value of production, business - services - trade is estimated to reach over 274 billion VND, reaching 167.4% compared to the beginning of the term.

Kim Son Town. Photo courtesy of Nguyen Book

Aiming to turn Kim Son town into one of the green - clean - beautiful towns and meet the standards of a civilized urban area by 2025, together with implementing the policy of socializing market investment in the whole country in general and Nghe An province in particular, the People's Committee of Que Phong district invited Hacovina Investment and Trade Development Joint Stock Company to conduct research and survey to build a new Kim Son market. This is an investor with a lot of experience in investing in the construction of markets and shopping centers that has been and is being successfully implemented.many market projectsacross the country such as Nghia Lo, Nghia Dong, Di Lang markets (Quang Ngai)...

On July 2, 2018, Nghe An Provincial People's Committee signed Decision No. 2715/QD-UBND on approving the investment policy of the Kim Son Market Management and Exploitation Investment Project. The project has a scale of more than 6,000 m2 with a total investment of 101.46 billion VND, planning 389 kiosks from 1 to 3 floors with a variety of business items from general stores, agricultural products, food to fashion..., well meeting all the needs of people to exchange goods.

Perspective of Kim Son Market Management and Exploitation Investment Project. Photo: Provided by Unit

With a prime location at the central intersection of Kim Son town, adjacent to National Highway 16 and Provincial Road 544B - the main commercial area of ​​Que Phong district, the Kim Son Market Management and Exploitation Investment Project plays a role in launching the socio-economic development of the town and neighboring areas. The project will form a complex of modern architectural works, creating a highlight for the town's appearance, contributing to helping Que Phong district soon complete its targets in the new period.

According to the survey, the old Kim Son market has seriously degraded after many years of use: the internal traffic system is severely damaged; the corrugated iron roof is dilapidated; the water supply and drainage system no longer meets standards; the lighting, ventilation, and odor removal systems have not been invested in, causing many inconveniences for both buyers and sellers. In particular, recently, market fires have occurred frequently across the country, causing a high risk of loss of life and property of businesses when there is no standard fire prevention system, further demonstrating the important role of investing in building and upgrading new markets.

The construction of the new Kim Son market is of great significance and is a highlight in attracting investment in Que Phong district. The project is not only in line with the guidelines and policies of the Party and the State, but also meets the expectations of the people and traders for a safe, favorable and highly profitable business environment in the future.