The Northern industrial 'capital' is about to have another industrial park of nearly 300 hectares

Recently, Thai Nguyen People's Committee has approved the investment policy of Yen Binh 2 Industrial Park spanning Pho Yen City and Phu Binh District.

Accordingly, Yen Binh 2 Industrial Park Project has an area of ​​nearly 300 hectares, total capital of more than 3,650 billion VND, and an operating period of 50 years. The project is invested by Yen Binh Development Joint Stock Company.

Illustration photo.

Of the total investment of more than VND3,650 billion, the investor will contribute about VND565 billion (equivalent to 15.48%), the rest will be mobilized from legal sources. The project is expected to be implemented within 24 months from the date of land handover, aiming to build a modern industrial park, synchronous in both technical and social infrastructure.

Thai Nguyen requested Pho Yen City and Phu Binh District to urgently complete procedures for land recovery, conversion of land use purposes and resettlement arrangements. The provincial Industrial Park Management Board will closely monitor the progress and ensure social infrastructure connectivity, especially worker housing and public services for workers.

Upon completion, Yen Binh 2 Industrial Park is expected to become the focal point connecting industry and services of 5 strategic localities including Hanoi , Bac Ninh, Bac Giang, Vinh Phuc and Thai Nguyen.

It is known that in January 2025, Thai Nguyen province also approved the investment policy of Yen Binh 3 Industrial Park with a scale of up to 295.34 hectares, total investment capital of more than 4,139 billion VND. The project is invested by BMK Group Joint Stock Company, located in Diem Thuy commune and Nga My commune (Phu Binh district), possessing a strategic location when it is near Hanoi - Thai Nguyen highway, Ring Road 5 of the Capital region, only about 35 km from Noi Bai airport and conveniently connected to seaports and border gates.

With the goal of developing into a modern and synchronous industrial park, Yen Binh 3 will supplement a large supply for the industrial infrastructure in the North, continuing to affirm the position of Thai Nguyen as one of the key industrial capitals, especially in attracting FDI in the electricity - electronics and high technology sectors.

Source: https://vtcnews.vn/thu-phu-cong-nghiep-mien-bac-sap-co-them-khu-cong-nghiep-quy-mo-gan-300ha-ar941079.html