VND214 billion in funding for building Hoa Phuoc Wholesale Market
A total of VND214 billion in funding from Da Nang government will go to the construction of the Hoa Phuoc Wholesale Market in Hoa Vang District.
Of this figure, VND172 billion will be spent on the site clearance and compensation work, nearly VND33 billion will be poured into the market infrastructure development, and the remainder will be used for management and contingency work.
Developed and managed by the Da Nang Management Board of Industrial and Civil Engineering Construction and Investment Projects, the project will be carried out during the 2022-2023 period.
Being one of the city's key and dynamic projects, once fully operational, the market will play an vital role in ensuring the stable supply of agricultural products for the city, and Central Viet Nam and Central Highlands regions as a whole, as well as will act as a transshipment point of agricultural products to Northern and Southern Viet Nam.
The 30.9ha market will feature a 18,760m2 parking area for about 30 containers and 50 large trucks. In addition, more than 10,498m2 will be earmarked for the construction of warehouses and product display booths, the development of logistics services, and more.
Reporting by QUYNH TRANG - Translating by M.DUNG