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Prospects from major projects

Van Yen district is an investment and production destination for many large enterprises thanks to its abundant, trained labor force; convenient transportation system, which is being upgraded.

Báo Yên BáiBáo Yên Bái16/06/2025

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In recent times, Van Yen district has had many specific and practical incentive policies in economic restructuring, developing transport infrastructure, bringing the district's economic growth rate to a high level for many consecutive years, attracting investment in industrial parks (IPs) and industrial clusters (ICs) has achieved many positive results.
Up to now, key industrial parks and industrial clusters in the district are showing significant attraction. Bac Van Yen industrial cluster has an area of 55 hectares, the occupancy rate is currently 88.2%, with 6 enterprises leasing land, including 4 projects operating stably and 2 large biomass energy projects under implementation.
Meanwhile, Dong An Industrial Park has an area of over 34 hectares, although the technical infrastructure has not been invested, it has also attracted 2 large projects from the Plant Protection Drug Processing and Packaging Factory Project and Fertilizer Production of BMC Yen Bai Joint Stock Company with an investment capital of 230 billion VND and the Graphite Ore Processing Factory Project of Yen Bai VPG Mineral Joint Stock Company, bringing the occupancy rate to an estimated 48.37%.
New industrial parks such as Yen Hop Industrial Park, phase 1 with an area of 12 hectares, is in the process of clearing the land and preparing for infrastructure investment with a capital of over 50 billion VND from the budget, attracting the cinnamon processing project of Son Ha Spices Company Limited and the district is focusing on removing obstacles for this project. An Thinh Industrial Park with an area of 30 hectares also recorded an important step forward when the Kien Phat - Dang Phong joint venture was approved for infrastructure investment with a total capital of 350 billion VND.
Recently, the investment project to build a high-quality livestock farm of T&T Green Agriculture Company Limited has been approved in principle with a total investment capital of 16 billion VND. This is a positive signal, continuing the success in attracting large projects.
Previously, the EREX Sakura Yen Bai Biomass Fuel Plant Project and Yen Bai 1 Biomass Power Plant of EREX Yen Bai Biomass Power Company Limited (belonging to Erex Group, Japan) at Bac Van Yen Industrial Park, with a total investment of 118 million USD, were actively implemented on an area of 15.37 hectares. This project received special attention from the government in site clearance and completion of procedures.
To attract investors, in recent times, Van Yen has mobilized all resources for synchronous investment, focusing on completing the connecting traffic infrastructure and technical infrastructure within the industrial park and industrial cluster. Specifically, the traffic route connecting Bac Van Yen Industrial Park with Provincial Road 163 is under construction, at the same time, investing 29.5 billion VND of budget capital to build a road to Dong An Industrial Park, coordinating well with the construction units of key traffic projects of the province passing through the area such as: the route connecting Nghia Lo with Noi Bai - Lao Cai Expressway, Khanh Hoa - Van Yen Inter-regional Infrastructure Project, the railway overpass in An Binh commune, Dong An - Gia Hoi road, the road connecting Provincial Road 163 with Noi Bai - Lao Cai Expressway...
Mr. Luu Trung Kien - Vice Chairman of Van Yen District People's Committee shared: "The locality has proposed the province to consider and balance resources to clear the remaining area of over 23 hectares and invest in technical infrastructure for Dong An Industrial Park, while continuing to call for and attract infrastructure investment in industrial parks, remove difficulties and support businesses".
Van Yen will continue to promote investment attraction, mobilize resources to build socio-economic infrastructure; remove difficulties for investors, synchronously implement policies to support businesses; at the same time, commit to creating favorable conditions, encouraging businesses, especially large corporations, to invest in agricultural and rural development with open mechanisms.
Quang Thieu

Source: https://baoyenbai.com.vn/12/351789/Trien-vong-tu-nhung-du-an-lon.aspx


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