Just two bidders remain for the design and construction of the relocation of Melbourne's wholesale fruit and vegetable market.

Baulderstone and Bovis Lend Lease have both submitted detailed proposals to design and deliver the construction project at the 133 hectare Epping site, which will be the new home of the famous markets.

“This project provides the base for a strong and viable central wholesale market. The Melbourne Markets relocation will deliver benefits across the state through vastly improved facilities and logistical arrangements for wholesalers, growers and retailers,” major projects minister Tim Pallas said.

During the construction phase, it is estimated that 600 jobs will be generated and around $870 million will flow into the Victorian economy.

Pallas said the markets are an essential link in the distribution channel for fresh produce and a vital part of the Victoria’s infrastructure with an annual turnover of more than $1.6 billion.

“The relocation project will ensure the ongoing viability and relevance of the markets as an essential link in the distribution channel for fresh produce in Australia by developing a new, efficient and integrated trading environment,” he said.

The new relocated market, situated just off the Hume Highway, will deliver an efficient, competitive and accessible market, vastly improved occupational health and safety, and significant growth opportunities for Melbourne’s north through the expansion of warehousing and related transport services.

The preferred bidder for the design and construction of the new market will be announced later this year with works to commence by the end of 2009.