Au Lau Industrial Park

Overall information about Au Lau Industrial Park, Yen Bai

- Location: Chau Giang 2 Hamlet and part of Dang Con Hamlet, Au Lau Commune, Yen Bai City

- Position: Approximately 170 km north of Ha Noi, 170 km south of Lao Cai, adjacent to National Highway 37 and the Noi Bai – Lao Cai Expressway.

- Planned area: 120 hectares

- Investment Sectors: A multi-sector industrial park focusing on clean industries with minimal environmental pollution, such as:

+ Garment, footwear, and handicraft industry;

+ Electronics assembly industry;

+ Agricultural and forestry product processing industry;

+ Mechanical industry and consumer goods manufacturing.

- Technical infrastructure

a) Power supply system: The site is supplied with electricity through an overhead 35kV power line.

b) Water supply system: The industrial park's water supply comes from the Yen Bai City water supply system.

c) Transportation system: The industrial park's road system is under development to meet investors' needs. It is connected to National Highways 37, 32C, and 70 and is adjacent to the Noi Bai – Lao Cai Expressway, providing convenient access for businesses operating in the park.

d) Capital sources: Investment is funded by the state budget, ensuring essential infrastructure to accommodate investors registering projects in the industrial park.

Investment attraction situation

The industrial park currently hosts one registered foreign investment project, which is actively operating with a total registered investment capital of 252.84 billion VND and a registered land use area of 12.15 hectares. The industrial park's occupancy rate stands at 15%.

Investment Incentives in Au Lau Industrial Park, Yen Bai:

A preferential corporate income tax rate of 10% for a period of 15 years.

Investors implementing projects in the industrial park receive support covering 50% of site leveling costs, up to a maximum of 3 billion VND/project.

- Corporate income from new investment projects located in areas with particularly difficult socio-economic conditions as stipulated in the Appendix issued with Decree No. 218/2013/ND-CP dated December 26, 2013, by the Government.

- Corporate income from new investment projects in industries such as software production, composite material manufacturing, lightweight and rare materials production, renewable energy, clean energy, waste-to-energy production, and biotechnology development.

- Corporate income from new investment projects in environmental protection sectors, including the manufacturing of pollution treatment equipment, environmental monitoring and analysis equipment, pollution control and environmental protection, wastewater, exhaust gas, and solid waste treatment, as well as waste recycling and reuse.

- High-tech enterprises and agricultural enterprises applying high technology.

- Corporate income from new investment projects in the manufacturing sector (excluding projects producing goods subject to special consumption tax and mineral extraction projects) that meet one of the following two criteria:

+ Projects with a minimum investment capital of 6 trillion VND, with disbursement completed within 3 years from the date of investment approval, and generating a total annual revenue of at least 10 trillion VND no later than 3 years after the first revenue-generating year.

+ Projects with a minimum investment capital of 6 trillion VND, with disbursement completed within 3 years from the date of investment approval, and employing more than 3,000 workers no later than 3 years after the first revenue-generating year.

For more information and consultation on industrial zones in Yen Bai province, please contact Kland.

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