Yen Lu Industrial Park in Bac Giang Province

Key Points to Note About Yen Lu Industrial Park:

• Strategic location in Bac Giang City, close to important transportation routes.
• Modern infrastructure with complete amenities for businesses.
• Attractive investment incentive policies that draw investors.
• Favorable business environment supported by local government.
• Abundant labor supply to meet the needs of enterprises.

Geographical Location of Yen Lu Industrial Park

Yen Lu Industrial Park is located in Bac Giang City, Bac Giang Province. It covers an area of nearly 300 hectares. This location is very convenient, just 5 km from the center of Bac Giang City and 50 km from Noi Bai Airport.

Advantages in Transportation and Infrastructure

Yen Lu Industrial Park is connected to many important transportation routes, including National Highway 1A, National Highway 18, the North-South Railway, and Noi Bai Airport. This makes transportation and trading easy, allowing investors to access markets and raw materials conveniently.

The strategic location and developed transportation infrastructure are significant advantages of Yen Lu Industrial Park, facilitating enterprise operations and business development.

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Scale and Development Potential of Yen Lu Industrial Park

Yen Lu Industrial Park in Bac Giang Province stands out not only due to its favorable geographical location but also due to its large scale, covering nearly 300 hectares. It is one of the largest industrial parks in the region. This industrial park is equipped with modern infrastructure and full amenities, attracting many domestic and foreign enterprises.

The strategic location, attractive investment incentives, and large scale create substantial development potential for Yen Lu Industrial Park. Many new projects are being implemented, boosting the economy and creating jobs for local workers.

With a scale of nearly 300 hectares and modern infrastructure, Yen Lu Industrial Park is one of the appealing destinations for investors. With its outstanding advantages, Yen Lu Industrial Park will continue to assert its position and contribute to the industrial development of Bac Giang Province in the future.

Modern Infrastructure at Yen Lu Industrial Park

Yen Lu Industrial Park is developed with modern infrastructure that fully meets the needs of enterprises. Its favorable location ensures convenient internal transportation systems that connect directly to major roads such as National Highway 1A and National Highway 18.

The industrial park also provides adequate electricity, water, and necessary services. These services include telecommunications, wastewater treatment, and waste collection, which maximally meet the production and business demands of enterprises.

Convenient Transportation System

• Directly connects to National Highway 1A and National Highway 18.
• Spacious internal roads with rational traffic management.
• Easy access to the airport and major ports in the region.

Full Supply of Electricity, Water, and Necessary Services

1. The electricity system meets the continuous production and business demands.
2. Clean water is supplied adequately and ensures quality.
3. Essential services such as telecommunications, wastewater treatment, and waste collection are guaranteed.

Companies at Yen Lu Industrial Park always benefit from modern, synchronized infrastructure with full amenities.

Development Potential of Yen Lu Industrial Park

Yen Lu Industrial Park is becoming increasingly important in Vietnam’s investment landscape. With its large area, modern infrastructure, and convenient transportation, it is well-equipped to support businesses.

The attractive incentives and support from local authorities make Yen Lu Industrial Park even more appealing. Enterprises here can enjoy a high-quality labor supply, meeting the needs of investors.

With these advantages, Yen Lu Industrial Park in Bac Giang becomes an ideal destination for investment, opening up many promising business opportunities.

Major Production and Business Fields

Yen Lu Industrial Park attracts many enterprises operating in various production and business fields, particularly in processing, manufacturing, and logistics services.

Processing and Manufacturing Industry

Yen Lu stands out in the processing and manufacturing sector, with many companies in industries such as:

• Electronics components manufacturing
• Mechanical processing
• Garment production
• Food processing

These companies produce quality products that meet both domestic and export demands.

Services and Logistics Sector

Yen Lu Industrial Park also attracts businesses engaged in services and logistics. They provide supportive services for manufacturing plants, such as:

1. Goods transportation
2. Warehousing
3. Logistics services
4. Maintenance and repair services

Developing these services creates a favorable business environment, helping enterprises within the industrial park to thrive efficiently.

Investment Incentives Policy

The authorities of Bac Giang Province have facilitated enterprises with attractive investment incentive policies. When investing in Yen Lu Industrial Park, companies will benefit from incentives related to taxes, land, infrastructure, and services, helping them minimize costs and enhance business efficiency.

Investment incentive policies at Yen Lu Industrial Park include:

• Exemption and reduction of corporate income tax up to 50% in the first few years.
• Support for land allocation, with preferential land prices compared to the local average.
• Infrastructure support for electricity, water, and transportation to reduce investment costs.
• Consultation and assistance with administrative procedures related to investment.

Investors in Yen Lu Industrial Park will benefit from these incentives, helping to lower costs and improve business efficiency.

The investment incentive policies at Yen Lu Industrial Park are among the key factors attracting businesses to invest and develop here.

Favorable Business Environment

Yen Lu Industrial Park in Bac Giang Province creates favorable conditions for businesses. The local government always supports enterprises through administrative procedures and addresses challenges to ensure effective operations.

Abundant Labor Supply

Bac Giang Province has a rich labor supply. Many workers possess skills and qualifications that match production fields, providing a significant advantage for attracting investors and businesses to Yen Lu Industrial Park.

Yen Lu Industrial Park offers a truly favorable and attractive business environment for enterprises. The local government and abundant labor supply make Yen Lu Industrial Park an appealing destination, ideal for investors and businesses looking to expand production and operations in Bac Giang Province.

Major Projects and Investors at Yen Lu Industrial Park

Yen Lu Industrial Park, located in Bac Giang Province, has attracted many large corporations. Significant projects here have rapidly developed the region while creating many job opportunities for local residents.

Major investors such as Samsung, LG, Foxconn, and Panasonic have invested in this area, drawn by the modern infrastructure and abundant labor supply.

These projects not only boost the socio-economic development of Bac Giang Province but also create numerous job opportunities for local residents, especially in processing, manufacturing, and logistics.

The presence of major corporations like Samsung, LG, Foxconn, and Panasonic at Yen Lu Industrial Park is a testament to the potential and investment opportunities of this region. Investors trust the favorable business environment and modern infrastructure here.

Conclusion

Yen Lu Industrial Park in Bac Giang Province is becoming increasingly important in attracting investment, driving industrial development and socio-economic growth. Its geographical location, modern infrastructure, and attractive incentive policies are significant advantages.

Domestic and international businesses seek out this industrial park to leverage these benefits for production and business growth, which contributes to economic growth and job creation.

The Bac Giang Province government actively supports Yen Lu Industrial Park, opening up many new development opportunities. This industrial park affirms its vital position and role.

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• Yen Lu Industrial Park In Bac Giang Province
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FAQ

Where is Yen Lu Industrial Park located?

Yen Lu Industrial Park is located in Bac Giang City, Bac Giang Province.

What are the transportation and infrastructure advantages of Yen Lu Industrial Park?

Yen Lu Industrial Park is about 5 km from the center of Bac Giang City and approximately 50 km from Noi Bai Airport. The industrial park connects to major transportation routes such as National Highway 1A, National Highway 18, the North-South Railway, and Noi Bai Airport.

What is the scale and development potential of Yen Lu Industrial Park?

Yen Lu Industrial Park covers nearly 300 hectares, with modern infrastructure and full amenities. Its strategic location and attractive investment policies attract many domestic and foreign enterprises.

What features characterize the infrastructure at Yen Lu Industrial Park?

Yen Lu Industrial Park is built with modern infrastructure and has a convenient internal transportation system, providing adequate electricity, water, and other necessary services.

What main production and business sectors does Yen Lu Industrial Park attract?

Yen Lu Industrial Park attracts many sectors, including processing and manufacturing. Companies produce electronics components, mechanical processing, and garments, while also attracting logistics service providers.

What investment incentives does Yen Lu Industrial Park offer?

The Bac Giang government offers many attractive incentives. Enterprises investing in Yen Lu Industrial Park can enjoy tax exemptions and reductions, land support, and infrastructure assistance.

What are the advantages of the business environment at Yen Lu Industrial Park?

Yen Lu Industrial Park provides a favorable business environment, with local authorities supporting administrative procedures and alleviating difficulties. Bac Giang Province has a rich labor supply suitable for various production and business sectors.

What major projects and investors has Yen Lu Industrial Park attracted?

Yen Lu Industrial Park has attracted many projects from reputable corporations, focusing on processing, manufacturing, and logistics. Notable companies include Samsung, LG, Foxconn, and Panasonic.