Au Lau Industrial Cluster, Yen Bai Province

Au Lau Industrial Cluster is a key industrial hub in Yen Bai Province, located in Chau Giang 2 Village and Dam Vong Village, Au Lau Commune, Yen Bai City, Yen Bai Province. It plays a crucial role in attracting investment, fostering industrial development, and creating jobs for workers. This article provides detailed information about the location, history, infrastructure, and primary industries of the Au Lau I.C, as well as its investment incentives and development potential. These aspects help attract more investors to the Yen Bai industrial area and promote industrial growth in the province.

Key Highlights

A major industrial hub in Yen Bai Province and the Northwest region.

Plays a key role in attracting investment and fostering industrial development.

Provides detailed insights into location, history, infrastructure, industries, and development potential.

Contributes to attracting more investors to the Yen Bai industrial area.

Drives the industrial development of Yen Bai Province.

Geographical Location of the Au Lau Industrial Cluster

The Au Lau Industrial Cluster is located in Chau Giang 2 Village and Dam Vong Village, Au Lau Commune, Yen Bai City, Yen Bai Province. This is an ideal location for industrial development. The area features flat terrain and a mild climate, which supports both production and logistics activities.

Geographical Advantages

The Au Lau I.C is situated in an open and spacious area with flat terrain that facilitates infrastructure construction. Its mild climate and clean air create favorable conditions for developing clean and modern industries.

Proximity to Key Transportation Routes

Close to major highways, providing excellent connections to major economic hubs.
Near railways and national roads, making it convenient for transporting goods.
Its advantageous location allows easy access to raw materials and markets.

With its geographical location and excellent transportation links, the Au Lau I.C is an attractive investment destination for both domestic and international businesses.

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History of Formation and Development

The Au Lau Industrial Cluster was established in 2010 as part of Yen Bai Province’s development strategy to foster industrial growth and attract investment.

Both domestic and foreign businesses have been drawn to the area thanks to attractive investment incentives and the local government’s efforts to promote industrial development. As a result, the Au Lau I.C has grown significantly, contributing to the socio-economic development of Yen Bai Province.

Key Milestones

Established in 2010 under the province’s industrial planning.
Initially attracted several domestic and foreign businesses.
With the support of local authorities and attractive investment incentives, the cluster expanded quickly.
Today, Au Lau has become a major industrial hub in Yen Bai Province.

Year	Number of Businesses	Occupancy Rate
2010	25	30%
2015	55	65%
2020	80	85%

Scale and Infrastructure of the Industrial Cluster

The Au Lau I.C is a promising destination for businesses, covering 118 hectares, providing ample space for production, logistics, and other business activities.

Area and Capacity

The Au Lau I.C has invested in modern technical infrastructure. It offers electricity, water, and telecommunications services, along with a comprehensive internal transportation network to support investors.

Transportation and Logistics System

The Au Lau I.C has well-developed logistics and transportation networks, with proximity to highways and expressways, ensuring efficient goods transportation. Its wide internal roads further enhance logistics efficiency.

Modern and synchronized infrastructure gives the Au Lau I.C a competitive edge, attracting businesses to invest and expand their operations.

Major Industries at the Au Lau Industrial Cluster

The Au Lau Industrial Cluster hosts a range of industries, including agricultural processing, building materials production, mechanical engineering, and electronics. These businesses not only support Yen Bai’s economic growth but also create job opportunities for local residents.

Several notable companies operate within the cluster:

Viet Tri Ceramic Tile Joint Stock Company – Specializes in manufacturing high-quality ceramic tiles.
Tien Dat Electronics Manufacturing Co., Ltd. – Produces electronic components for industrial sectors.
Tan Hung Mechanical Co., Ltd. – Manufactures mechanical equipment and spare parts for various industries.

The diversity and quality of industries at the Au Lau I.C attract investors who believe in the area’s potential.

Overview of the Au Lau Industrial Cluster, Yen Bai Province

The Au Lau Industrial Cluster was developed to become a key industrial hub in Yen Bai Province, attracting numerous businesses and promoting the socio-economic development of the region.

With favorable location, modern infrastructure, and attractive investment policies, the cluster appeals to both domestic and international investors.

Businesses operating within the cluster benefit from tax, land, and service incentives. They also enjoy a favorable investment environment with modern infrastructure and skilled labor.

The Au Lau I.C is steadily affirming its position and contributing to the economic development of Yen Bai Province.

Investment Incentives and Support Policies

The Yen Bai Provincial Government has implemented a range of investment incentives at the Au Lau I.C, including tax exemptions and land rent reductions over several years.

Tax and Land Incentives

Businesses investing in the Au Lau I.C are entitled to:

Corporate income tax exemptions for 2-4 years, followed by a 50% reduction in subsequent years.
50% land rent reduction for 7-15 years, depending on the project size.

Investment Promotion and Business Development Support

In addition to tax and land incentives, Yen Bai Province offers:

Support for investment promotion activities.
Training and workforce development assistance for businesses.
Administrative support to streamline investment procedures and facilitate access to funding.

Incentive	Description
Corporate Income Tax Exemptions	2-4 years exemption, 50% reduction in subsequent years
Land Rent Reduction	50% reduction for 7-15 years
Investment Promotion Support	Assistance with procedures and access to funding
Workforce Training	Support for workforce development

These comprehensive incentives make the Au Lau I.C an attractive destination for both domestic and international investors.

Business Environment at the Au Lau Industrial Cluster

The modern infrastructure, attractive incentives, and abundant labor force contribute to a favorable business environment at the Au Lau Industrial Cluster.

Businesses benefit from easy access to infrastructure services, such as electricity, water, and logistics. The availability of skilled labor also makes it easier for companies to recruit and train employees.

The local government actively supports businesses, creating a positive investment environment at the Au Lau I.C.

Factor	Characteristics
Infrastructure	Modern, meeting business needs
Investment Incentives	Attractive, encouraging investment
Labor Force	Abundant and high quality
Government Support	Facilitates business operations

Future Development Potential

The Au Lau Industrial Cluster has already achieved significant success and is expected to grow further in the future. The Yen Bai Provincial Government is planning to expand and upgrade infrastructure to attract more businesses.

Expansion and Development Plans

With its strategic location and attractive investment incentives, the cluster has high development potential. The local government is working on plans to expand the cluster and enhance its infrastructure.

Prospects for Foreign Investment

The Au Lau Industrial Cluster is well-positioned to attract more foreign investors due to its location and incentives. International businesses are increasingly interested in investing in the area.

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FAQ

Where is the Au Lau Industrial Cluster located?
The Au Lau I.C is situated in Chau Giang 2 Village and Dam Vong Village, Au Lau Commune, Yen Bai City, Yen Bai Province. It enjoys a strategic location, connecting the Northwest region with other provinces.

What is the history of the Au Lau I.C?
The cluster was established in 2010 to promote industrial development and attract investment. Supportive policies and the government’s efforts have drawn many businesses to the area.

What are the key industries at the Au Lau I.C?
The cluster focuses on agricultural processing, building materials production, mechanical engineering, and electronics.

What investment incentives are available at the Au Lau I.C?
Incentives include tax exemptions, land rent reductions, and investment promotion support.

What is the future development potential of the Au Lau Industrial Cluster?
The Au Lau Industrial Cluster is poised for strong future growth. Plans are in place to expand the cluster and upgrade infrastructure, attracting more international investors.