The HCM City People’s Committee has instructed District 8 authorities to speed up land acquisition and compensation payment to enable the construction of an aromatic substances and chemical trading centre.
Kim Bien market in HCM City’s District 5 specialises in trading chemicals. (Source: news.zing.vn)
HCM City (VNA) - The HCM City People’s Committee hasinstructed District 8 authorities to speed up land acquisition and compensationpayment to enable the construction of an aromatic substances and chemicaltrading centre by the beginning of next year.
At a recent meeting to discuss the project, ViceChairman of the municipal People’s Committee Tran Vinh Tuyen said 42 householdsneed to receive satisfactory compensation before moving out.
Tuyen also instructed the Departments ofIndustry and Trade and Planning and Investment to begin the tender process thisyear.
The city authorities have to identify a newinvestor for the project after Tuan Chau Group, chosen as the investor, failedto go ahead with the work.
When the centre is up and running, Kim Bien Market in District 5, whichspecialises in trading chemicals, as well as other chemical tradingfacilities in the city will relocate to it.
This would help authorities easily control foodhygiene and safety, Tuyen said.
Incentives will be offered to aromatics andchemical stores and business households to move into the new centre, he said.
In February the city announced the plan to buildthe 11-hectare centre in District 8’s Ward 7 for selling industrial and medicalaromatics and chemicals besides organising research, consultancy, exhibitionsand international cooperation.-VNA
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Kim Bien market in HCM City’s District 5 specialises in trading chemicals. (Source: news.zing.vn)
