Phia Nam Industrial Park

Overview of industrial park Phia Nam of Yen Bai city

Yen Bai is a poor mountainous province in the North of Vietnam, less developed in industry, mainly in agriculture, forestry, and handicraft. To promote the development of industrialization and modernization, up to 2019, Yen Bai has approved the detailed planning of 5 industrial parks into the system of national industrial parks with a total area of 925.15 hectares. Despite many difficulties, Yen Bai province still prioritizes focusing resources and has many incentive policies, tax incentives and investment incentives to invite domestic and foreign investors to lease land and land. investment in investment in developing infrastructure of industrial parks in particular and infrastructure and economy of Yen Bai province in general

The southern industrial zone of Yen Bai has been included in the planning of national industrial parks by the Prime Minister of Vietnam in Decision No. 1107 / QD-TTg of August 21, 2006, with a planned land area of 100 ha and adjusted and expanded many times, up to 532.8 ha currently, is one of Yen Bai city "s gateway industrial parks, with large land bank, continuing to attract investors.

The location of the South - Yen Bai industrial park

Industrial Zone South of Yen Bai city, belonging to Van Tien commune, Yen Bai city, Yen Bai province. About 170 km south of Hanoi city center, 180 km from Lao Cai border gate to the North and 5.5 km from Noi Bai - Lao Cai highway. North: border with Huong Ly port route to Van Phu bridge; The South borders the forested hills; The West borders Van Tien commune People"s Committee and residential areas.

Since recent years, Noi Bai Lao Cai highway has been put into operation, contributing to promoting convenient Yen Bai traffic (from Hanoi to Yen Bai only takes about 2h30 ride - equivalent to 170km of road. high speed), contributing to promoting investment attraction in industrial zones in Yen Bai province, especially in the South industrial park, located at the southern gateway to the center of Yen Bai city.

Infrastructure of industrial park in the South of Yen Bai

- Technical infrastructure: The industrial park in the south of Yen Bai is invested with state budget capital and has a technical infrastructure system to meet investors who invest in specific industrial parks as follows:

- Power supply system: The 35KV high voltage line is invested and built along the main roads in the industrial park. In the future, Yen Bai electricity will invest in the 110/35 / 22KV TBA transformer station and continue to invest in four routes The overhead line is connected to the 110KV line to supply electricity for the whole industrial zone.

- Water supply system: There is a raw water supply system from Yen Binh Water Plant with a capacity of 11,500m3 / day and night leading to the Industrial Park by D300 pipeline along the roads of the industrial park.

Traffic system: Roads in the industrial park are built to connect with external traffic, ensuring traffic for investors in the industrial park.

- Some major industries in the South of Yen Bai Industrial Zone

1. Producing and processing agricultural and forestry products

2. Producing high-class construction materials.

3. Iron and steel refining industry

4. Mineral processing.

5. Producing and processing stone powder.

Some typical investors in Yen Bai South Industrial Park

Yen Bai Mineral Joint Stock Company

Mong Son Stone Exploiting Joint Stock Company

SYNTHETIC thermoplastic paint Co., Ltd

Yen Bai Agricultural Supplies Company

Yen Bai Artificial Board Joint Stock Company

Cuu Long Vinashin Iron and Steel Plant

Lead and zinc smelting factory (Van Hai Co., Ltd)

Cost of renting a land or workshop in the South Industrial Zone of Yen Bai

The price of raw land rent: USD 0.1 / m2 / year

Infrastructure Rental: from 20-30 usd / m2 Duration: 50 years

Prices of electricity, water, wastewater treatment: according to the state unit price, and regulations of Yen Bai province

Yen Bai"s cheap labor force Investors can recruit for the factory on average from 150-250USD / person / month

Preferential policies for investors when renting land in the South Industrial Zone of Yen Bai

Yen Bai Province has issued a policy to encourage investment in high-tech industries, services, tourism, and agriculture (Decision No. 09/2017 / QD-UBND dated June 20, 2017 of the People"s Committee People of Yen Bai province), specifically a number of special preferential policies when investors rent land and invest in infrastructure in industrial parks in Yen Bai Province as follows:

• Tax exemption for 2 years from the time of taxable income, the preferential corporate income tax rate of 15-17% / year.

• Exemption of land rent within 7 years

• Supporting 50% of ground clearance and leveling funding for infrastructure investment enterprises (if investing in agro-forestry processing products, using advanced and large-scale technology investment capital of VND 30 billion or more shall be supported with 50% of the compensation and clearance fund, the maximum support level is VND 3 billion / 1 project.If investing in tourism, building a 3-star hotel and above will be supported with 50% of the land clearance compensation fund)

•• For investors implementing projects in high-tech applied agriculture; investment projects in the field of new product production, clean energy and renewable energy in accordance with the approved planning, bringing high socio-economic and environmentally friendly results, People"s Committee The province shall base itself on the scale and nature of each specific project to submit it to the provincial People"s Council for consideration and decision of the support level.

• In addition, the province will also support enterprises with one-time funding to train local workers from primary to college levels with the support of VND 1-3 million / person / training course.

• Please contact your Kland consultant for updates

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