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.
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.
