(Vietnamnet - Ministry of Construction (MoC) and T&M Investment Vietnam introduced the first construction material and interior decorating trade centre in Hanoi’s Melinh Plaza.)
Melinh Plaza, located on Bac Thang Long – Noi Bai highway, covers an area of 67,000 sq m, of which the stock area is 30,000 sq m wide. The centre will offer all kinds of construction materials, and interior design equipment supplied by manufacturers or official distributing agents at competitive prices.
Tran Van Huynh, Chairman of Vietnam Construction Material Association said that over the last ten years, the construction material industry has seen strong development with a growth rate of 10% per annum. Concurrently demand for construction materials has increased 4-7 fold, however trade of such products has been limited to small shops, offering products of unclear origin.
Officials from MoC said that a model like that in Melinh Plaza has been successful in many countries and the ministry hopes it will run successfully in Hanoi, helping create an international trading floor and develop the construction material industry. The model will be later expanded in HCM City, Can Tho, Hai Phong, and Da Nang.