Yen Bai industrial parks "accelerate" to attract investment

After only the first 5 months of 2025, industrial parks (IPs) in Yen Bai province have recorded many positive growth signals: occupancy rates approaching the annual target, a series of new projects have been licensed and production and business indicators have simultaneously improved...

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According to the Management Board of Industrial Parks of Yen Bai province, the target of increasing the occupancy rate by 5% in 2025 is gradually reaching the finish line early. Specifically, in the past 5 months, the average occupancy rate in 3 key industrial parks including Southern Industrial Park, Minh Quan Industrial Park and Au Lau Industrial Park has increased by 4.49%, reaching 86.35%.

Of which, Minh Quan Industrial Park recorded the strongest growth, up 6.43% and reaching an occupancy rate of 91.16%; followed by the Southern Industrial Park, up 4.61%, reaching 86.57%. The main driving force behind this development comes from stable and effective investment capital flows. Since the beginning of the year, the province has granted 9 new investment projects with a total registered capital of VND763.61 billion; at the same time, it has adjusted the capital increase for 15 other projects, adding VND568.97 billion.

Up to now, the industrial parks in the area have attracted a total of 93 projects, with a total registered investment capital of up to 15,116.92 billion VND. The investment capital flow has not only increased in quantity but also been effectively transformed into the production and business activities of enterprises. In the first 5 months of the year alone, the state budget revenue from enterprises in the industrial parks is estimated at 32.12 billion VND, an increase of 75.5% over the same period in 2024. Export value also recorded an impressive growth of 35.4%, reaching 47.86 million USD. Other important indicators such as industrial production value and revenue reached 2,004 billion VND and 2,079 billion VND, respectively - showing the stability and sustainability in the operations of enterprises in the industrial parks.

The impressive growth figures above not only reflect the attractiveness of Yen Bai province's investment environment, but also affirm the pivotal role and driving force for economic development of industrial parks in 2025 and the following years.

Thanh Phuc

Source: https://baoyenbai.com.vn/12/351815/Cac-khu-cong-nghiep-Yen-Bai-tang-toc-thu-hut-dau-tu.aspx