TTC PLAZA COMMERCIAL CENTER CREATES LAVARAGE TO ECONOMIC GROWTH OF DUC TRONG

Officially opened on September 10th 2022, TTC Plaza is known as a large scale commercial complex which brings sustainable values, attracts trading and becomes motivations on pushing the inherent potential in the district.

TTC Plaza officially opened in September 9th, 2022

TTC Plaza is developed by Sai Gon Thuong Tin Joint Stock Company – TTC Land (HOSE: SCR), TTC Group’s subsidiary company. This project owns a prime location with the frontage of National Highway 20 (Lien Nghia town, Duc Trong District, Lam Dong Province), which is the straight road to Da Lat City from HCMC.

TTC Plaza is up to 7.560 m2 which has a spacious parking basement with a convenient entrance. Its floors are also widely invested with commercial kiosk for goods and services dealing rent.

Especially, modern – style Cinestar Cinema which has a capacity of nearly 2000 seats and a standard sound and lighting system, was initially presented in the district. Cinestar representative said that Cinestar Duc Trong will bring lastest cinema movies for local residents and contribute considerable revenue source to Cinestar’s Cinema system.

In association with WinCommerce General Commercial Services Joint Stock Company (WCM – a Masan Group’s member), Winmart will be presented at TTC Plaza. With the potential of a long – term experience in developing the FMCG segment, Masan’s supermarket system owns various strategic Vietnamese – branded items but doesn’t forget to focus on existing private brand which has lower 10% - 20% in price than others same segment products on the market.

TTC Plaza is expected to play a big part in changing the appearance of Duc Trong district.

Taking only more than 5 minutes from Lien Khuong airport, TTC Plaza has coverage convenience condition in traffic and transportation, forming an important commodity trading enter. Since then, businesses in Duc Trong have more opportunity to grasp the taste of a large number of consumers, open business plan and increase their ability to adapt to market trends.

Speaking at the ceremony, Mrs. Huynh Bich Ngoc – Vice Chairwoman of TTC Group, Chairwoman of TTC Land, expects that TTC Plaza will satisfy the needs of shopping and entertainment, supply increase demanding wholesale and retail goods for local and surrounding residents.

Mr. Le Nguyen Hoang – Vice Chairman of People’s Committee, speaks at the TTC Plaza opening ceremony.

According to Mr. Vo Quoc Khanh – CEO of TTC Land, TTC Plaza is built as an attractive commercial complex for shopping and entertainment, forming an impressive destination, bringing a specially experience for locals and visitors. Meanwhile, TTC Plaza also play an important role in changing the local appearance, adding to the district a most vibrant commercial destination.

Officially operating, TTC Plaza becomes the first trade center with largest scale in the district, the important trade highlight of Lam Dong province.

In the period of 2021 – 2025, the Provincial Party Committee term XI showed that, the 5 years revenue source of Duc Trong reached VND 4.945 billion (reaching 121% of the plan), GDP to 2020 archived up to VND 87 million (increase 1,55 times compare to the beginning of the term). Based on this data, the Provincial Party Committee has a plan to develop Duc Trong to become a smart city, modern ecological urban area and economic driving force for development.

According to actual records, the "golden triangle" area of Lien Nghia including National Highway 20, Tran Hung Dao and Thong Nhat streets does not have many entertainment areas for local youth and tourists. When TTC Plaza was officially put into operation, this will not only be the top places to visit, shop and entertain for people living in Duc Trong district and Lam Dong province, but also became an ideal destination for internal and external region.