Society

Vietnam builds model market at Cambodian border area

Vietnam’s Ministry of Industry and Trade has approved the construction of a model market at the border area between Cambodia’s Tbaung Khmum province and Vietnam’s southern Tay Ninh province.
Vietnam’s Ministry of Industry and Trade has approved the constructionof a model market at the border area between Cambodia’s Tbaung Khmumprovince and Vietnam’s southern Tay Ninh province.

Vice Chairman of Tay Ninh People’s Committee Nguyen Manh Hung said onJuly 16 that the project is part of the agreement signed at the 13thmeeting of the mixed committee on economic, cultural, scientific andtechnological cooperation between the Vietnamese and Cambodiangovernments on February 11, 2014.

The total costfor the project is estimated at 44.8 billion VND (2.05 million USD), tobe funded by the Vietnamese government’s non-refundable grant.

The construction is scheduled to begin in November and will be completed at the end of 2017.

The market will cover 20,000 square metres in the Special EconomicZone Thary Tbaung Khmum located in the Da Kandorl village, Da commune,Memot district in Tbau Khmum province and opposite the Chang Riec bordergate in Tan Lap commune, Tan Bien district, Tay Ninh province.

The project aims to tap the potential and advantages of the twoborder provinces, increase trade activities, build distributionnetworks, assist in transforming economic structures and improve theliving standards of citizens living in border areas.-VNA
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