Thu, 28 Aug 1997

Wholesale market for fruits

BOGOR (JP): Private developer PT Mayo Waya in cooperation with the Bogor mayoralty is building a fruit, vegetable and other agricultural produce wholesale market at Cibadak, Tanah Sereal.

Mayo Waya director R. Sutadi Rusli said the Rp 34 billion (US$12.83 million) project was being built on a 2.5-hectare plot and would have 11,300 kiosks.

The ground-breaking ceremony for the construction of the project was held Monday. "The project is expected to be completed in six to eight months," he said.

Sutadi said that the market was designed to cater to customers from both Bogor, Jakarta and other big cities.

He explained that 70 percent of the market space would be allocated to wholesalers and the remaining 30 percent to retailers.

Under an agreement with the Bogor mayoralty, Mayo Waya is entitled to manage the market for six years. It will then be obliged to return the property to the mayoralty. (04/24)