Tan Ky builds new market for nearly 200 billion VND

At the Meeting of Investors in the Spring of Dinh Dau 2017 in Nghe An, the Hai An Market Construction, Management and Exploitation Investment Cooperative (Hai An Cooperative) under the Vietnam Market Development and Management Cooperatives Union signed a commitment to invest in the project of the Hotel Event Center and Town Market in Tan Ky district. After completing the procedures, the investor decided to start the market construction today (March 15), with a total investment of 177 billion VND.

Perspective of Tan Ky town commercial center.

New highlight for Tan Ky town
Tan Ky is a mountainous district of Nghe An province, with Ho Chi Minh road passing through, trade has begun to develop. Although the potential for economic development is still very large, the infrastructure is still facing many difficulties. With the desire to invest in projects to change the face of the town and improve the quality of life of the people, local authorities have proactively sought and promoted investment.
Tan Ky town market located in the town center has long been old, seriously degraded, and does not ensure fire prevention and fighting systems as well as food hygiene and safety.

Pursuant to Notice No. 400/TB-UBND dated July 13, 2016 of the Provincial People's Committee on the conclusion of the Chairman of the Provincial People's Committee Nguyen Xuan Duong at the working session with the Hai An Market Construction, Management and Exploitation Investment Cooperative on market construction investment projects in Nghe An province, Hai An Cooperative surveyed Tan Ky and decided to choose to invest in building a new market (at the location of the old town primary school).
Tan Ky market project was leased 7,765 m by Nghe An Provincial People's Committee²land with the first cycle land lease period of the project is 50 years. The total investment capital of the project is over 177 billion VND. On February 28, 2018, the Department of Construction of Nghe An province issued License No. 25 allowing Hai An - Tan Ky Cooperative (a member unit of the Vietnam Market Development and Management Cooperative Union) to organize investment and construction of the project.
Talking about the importance of the project, Comrade Bui Thanh Bao - Secretary of the District Party Committee, Chairman of the People's Council of Tan Ky district said: In the Resolution of the 20th District Party Congress, the construction of the town market was included in one of the key projects in the 2015 - 2020 period of the district, and is a project to celebrate the 55th anniversary of the establishment of Tan Ky district.

The investor's determination to start construction of this project on the occasion of the 55th anniversary of Tan Ky district, along with the fact that a number of investors are having projects in Tan Ky, has important political and economic significance for the locality. The District Party Committee and People's Committee always accompany the investor and hope that the investor will implement the project on schedule.
Mr. Duong Van Chien - Chairman of the Board of Members of the Vietnam Market Development and Management Cooperative Union said: The investment, construction, management and exploitation project of Tan Ky market is invested in the form of socialized investment, the State leases land to enterprises, enterprises invest 100% of the construction, management and exploitation costs, without transfer.

In order to ensure the project's progress, the Vietnam Market Development and Management Cooperative Union has proactively prepared well the conditions such as: Capital, materials, human resources, and construction organization to complete the project according to the set plan.

Will continue market projects

A perspective corner of Do Luong market also invested by Vietnam Market Union Cooperative.

Mr. Duong Van Chien also said: Nghe An Provincial People's Committee has issued Conclusion Notice No. 400/TB.UB on allowing investors to survey and establish projects for markets and commercial centers in Nghe An province. Accordingly, the Vietnam Market Development and Management Cooperative Union is allowed to invest in building market projects in Do Luong, Tan Ky districts and Hoang Mai town with a total registered investment of over 700 billion VND; after completing the above markets, it will continue to survey Con Cuong market.

The Vietnam Cooperative Union for Market Development and Management (abbreviated as the Cooperative Union) is the leading market exploitation and business unit in Vietnam, with 4 founding members and hundreds of associated members, with a licensed registered charter capital of 100 billion VND. Operating since 1995, the Cooperative Union has shifted its focus to investing, constructing, managing and exploiting projects in many provinces across the country. All projects invested by the Cooperative Union are meaningful in serving the economy and society, in line with the policies of the Party and the State, and are supported by the people of each locality where the project is located, such as: In the provinces of Bac Giang, Bac Ninh, Hanoi, Lao Cai, Lang Son, Hai Duong, Quang Ninh, Thai Nguyen, Thai Binh, Hung Yen, Thanh Hoa, Ha Tinh, Quang Ngai, Quang Binh, Quang Tri, Quang Nam, Da Nang, Khanh Hoa, Binh Dinh, Long An, Ho Chi Minh City, Phu Quoc... and Nghe An.

Tan Ky town market project has a scale of 481 business locations, including 38 3-storey kiosks with 1 mezzanine arranged in 5 blocks at 5 corners of the project to create architectural highlights and beautify the urban landscape; 37 2-storey kiosks and 1 mezzanine are arranged in rows of kiosks surrounding the traditional market in the middle. In addition, there are 406 indoor business locations located in the center of the project, with an area of ​​5.1 m²- 15.9 m²/points reserved for small traders selling vegetables, tubers, fruits, aquatic products, seafood, and fresh food. The project also has a basement area of ​​about 6,886 m²used as parking area, warehouse and technical area.