Ground breaking ceremony of Thaco Bao Loc Trade Centre took place on December 21. This centre is expected to meet local people's demand for entertainment and trading. – Photo Vietnamplus

BAO LOC (Biz Hub) – The Truong Hai Auto Company (THACO) on December 21 started building a trade centre and an auto showroom in this Central Highland city.

The VND132-billion (US$6.2 million) trade centre covers an area of 4,000sq.m and will have four storeys. The basement is for parking, and the first storeys will have a supermarket and an auto showroom. The top two storeys will have a food court, restaurants and coffee shops.

The Thaco Bao Loc trade centre is designed to accommodate 1,000 people at a time, and can meet the entertainment demands of the local people and tourists visiting the city.

Located near National Highway 20, which connects HCM City and Da Lat city, the trade centre is expected to be an ideal transition point for travellers.

The construction is scheduled to be completed by the first quarter of 2016. – VNS