German self-service wholesale chain Metro Cash & Carry will build its 12th center in the central province of Binh Dinh’s Quy Nhon town in 2010.
|Randy Guttery, general director of Metro Cash & Carry (L) and Chairman of Binh Dinh People’s Committee Nguyen Van Thien agree a new Metro wholesale center to be built in the province this year.|
An agreement was signed January 20 between Metro and the provincial People’s Committee at an investment promotion conference in the province.
The new wholesale center will be located on a three-hectare area with 6,000 square meters for selling 25,000 commodities including food and household items.
It is expected that the US$15 million store will also come into operation this year.
It is the second Metro center in Vietnam’s central region and the 12th nationwide.
Randy Guttery, general director of Metro Cash & Carry in Vietnam, said the new store will contribute to the rapid growth of Binh Dinh Province, which reached 7.96 percent in 2009.