THE Myanmar International Cooperation Agency-MICA and First Golden Construction Co Ltd signed an agreement yesterday in Nay Pyi Taw to build a meat and fish Whole Sale Market on 64.54 acre land in Insein Township.
The project is divided into three phases, giving priority to construction of one Whole Sale Market and two cold storage factories in the first phase.
The project will cost US$ 62 million and is expected to be completed within three years, according to U Sai Myo Win, Managing Director the Golden Dragon Construction Ltd which won the tender for the project.
The market, comprising more than 500 shops, follows the Gyogon Jetty for fish and prawn trading which was opened recently.
The Ministry of Livestock and Fisheries is currently searching locations for the establishing of slaughter houses as part of its efforts to boost the country’s meat production in order to increase the per capita income of working people and the nation’s income as well, said U Ohn Myint, Union Minister for Livestock and Fisheries.
The agreement on the construction of the Whole Sale Market was signed by Dr Khin Zaw, Permanent Secretary of the ministry, and U Sai Myo Win in the presence of Union Minister U Ohn Myint and dignitaries.
Source: The Global New Light of Myanmar
