Calculation of a poor province building a market

Original problem

The initial calculation of the Khanh Hoa Provincial Administration Court was shown in the report dated October 12, 1968, sent to the Presidential Palace (No. 866/HC) on the plan to rebuild Dam Market. The contents of the work items and costs submitted for review include:

Filling the lagoon : The old market area that was burned down was too small and narrow to accommodate the renovation work. Therefore, "the entire existing lagoon area must be filled by using a dredge to scoop up soil from the riverbed. This will increase the area by 70,000 square meters. The time required to do this is 4 months and the cost is about 15,000,000 VND".

Đặt cống tại công trường chợ Đầm Ảnh: NVN khảo cứu tại TTLTQG 2 — Laying sewers at Dam market construction site

Clearing the dilapidated houses around the burnt market and lagoon : "The number of houses made of both thatch and tile (mostly thatch, made illegally) is over 250. Only by clearing all these houses can the lagoon be filled and renovated. The cost is about 10,000,000 VND."

Build the new market according to the drawn plan: "Time is 1 year from the date the project is approved. Cost 43,000,000 VND".

In addition, building road systems, sewers, installing lighting in the area at a cost of: 20,000,000 VND.

And the important item, which will later reshape the appearance of the neighborhood around the market, is: "Build two high-rise buildings (4 floors) to make a commercial area on the lower floors and sell to the public in installments from the first floor up... Implementation time: one year from the date the project is approved and the construction cost of each high-rise building is 90,000,000 VND".

In the above report, Khanh Hoa Administrative Court estimated the total cost to implement the project at 75,000,000 VND. The distribution budget: Ministry of Public Works (covering the cost of implementing the road system, sewers, lighting) is 20,000,000 VND; General Department of Housing covers the construction cost and transfers it to the province for resale to people who buy on installments is 180,000,000 VND. Khanh Hoa Provincial Administrative Court covers the damming (15,000,000 VND), clearance subsidy (10,000,000 VND), market construction (43,000,000 VND), unexpected costs (7,000,000 VND).

Borrow money to do the market again.

The above report stated: "Because the current provincial budget is unsustainable, the conference requests the Agricultural Development Bank to lend the province 75,000,000 to cover the facility fees for two years" and to "reimburse this amount, please submit to the President to auction a part of the land in the market area to collect the money to pay back", "Regarding the General Housing Agency, please inform the people about the construction of the high-rise building and reserve the lower part for sale to merchants for commercial activities, those who want to buy must pay in advance a sum of money to this agency to contribute to the implementation of the high-rise building".

At times, the language of the reports sent to the Presidential Palace was almost lamenting and complaining about the "unruliness" of a poor province. The report dated January 4, 1969, signed by Governor Le Khanh (No. 111/HC/KT) sent to the Minister of the Presidential Palace, requesting a loan of 75 million VND is an example. Mr. Khanh lamented that his province's budget was too poor (the 1968 fiscal year totaled 80 million, of which the national budget subsidy was 23 million) and recalled that he had persuaded the General Department of the Agricultural Development Bank to lend 75 million in 2 installments (30 million in early 1969 and 45 million in mid-1969), pledging to "repay within 2 years with the proceeds from selling part of the plots of land in the new market", but the bank still refused to approve. And then he urged to issue official dispatch No. 10.830/HC/KT (December 17, 1968) to redirect the borrowing of the above amount from the Van Giai Pension Fund...

For 2 years, Khanh Hoa went door-to-door to borrow money and presented the project. The documents to mobilize money to build Dam market, if stacked, would be thicker than a hand span.

Start reconstruction

But everything went well because the above-mentioned drastic efforts of the locality created consensus from Saigon. A reconstruction committee for the Cho Dam area was established from the engineers working at the Public Works and Construction Departments of Nha Trang to supervise and coordinate the work. A Bassac dredger of Nha Thuy Transport was transferred to Nha Trang, blowing soil to fill the lagoon from April 12, 1969. After 6 months, this dredger blew more than 350,000 ^m3 of soil to fill 7 acres of lagoon. On October 10, 1969, contractor Ha Van Dang began leveling the land, measuring, and planting stakes to prepare for the construction of the market and apartment building (at that time, documents called it "apartment building")...

These are the preparations for the 14-month construction plan.

At 4:00 p.m. on December 12, 1969, Mr. Tran Thien Khiem, Prime Minister representing the Presidential Palace of the Saigon government, arrived in Nha Trang to attend the ceremony of laying the first stone at Dam Market. Civil engineer Tran Si Huan - Head of the Dam Market Reconstruction Board - wrote in the document Dam Market Reconstruction (Ministry of Public Works, General Department of Housing and Real Estate Development, printed in 1972) that the above event took place "on a vast sandy beach, witnessed by a large number of local people, marking a new stage in the renovation of Nha Trang town".

Here, Mr. Tran Thien Khiem stated: "The reconstruction of Dam market will renovate the swampy areas, triple the habitable area, and design the entire area to be more spacious than before, with half of the area used as public areas and parks and the remaining half enough to build over 1,000 full housing units, not only for the 500 families currently living here but also enough to distribute to other families in need of help (...) A renovation program has an important impact, completely changing Dam market". (continued)

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