Minh Quan Industrial Park
112 ha
Yen Bai, Yen Bai Province
Investor
Yen Bai Management Board of Industrial Park * Management office:
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Total Area
112 ha |
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Address
Minh Quan, Tran Yen, Yen Bai, Vietnam |
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Policies to Attract Investment
In addition to the investment incentives under the provisions of the Government, the investors in Yen Bai are also entitled to investment incentives under Decision No. 05/2012/QD-UBND, dated 29/03/2012 by People's Committee of Yen Bai province issueing preferential policies to attract investment in industrial manufacturing and services in Yen Bai:
* Land and surface water leasing price:
* Support for site clearance and ground levelling: The province shall support 50% of the compensation and ground leveling costs, applicable for the approved actual construction, production area, not for the area reserved for production expansion or area used for other purposes. The maximum support is not more than VND 3 billion/project. * Financial support for local workers training: The province provides financial support for investors who carry out vocational training for local residents to work for the investors’ project on a term of at least one year. The support is provided at once:
* Financial support for commercial promotion activities:
* Administrative procedures: one door mechanism. Yen Bai province commits to provide the most favorable conditions for early investors. |
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Scope of Investment
Manufacturing construction materials: plywood, premium wood, luxury construction materials, stone. Mineral processing: powder of CaC03, Kaoli, Feldspar. Processing of agricultural and forestry products: animal feed, tea, paper, pulp. Manufacturing consumer goods: thermoplastic paint, outsourcing garments, footwear; assembly of electronics, automobiles, motorcycles. Chemical industries. |
Traffic Network
National highway 32C crossing, internal transport system connecting with National highway 32C, 37, 70 and Noi Bai - Lao Cai highway. |
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Electricity Supply System
35 KV power line crossing and supplying local substations with a total capacity of 20,451 KW. |
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Water Supply System
Water for daily life and manufacturing is taken from Da Mai lagoon to reservoir and then provided by pumping station to the whole Industrial Park. |
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Occupancy Rate rate: 0%
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