Yen Phong 2C Industrial Park in Bac Ninh Province

Yen Phong 2C Industrial Park is a large and modern industrial park in Bac Ninh Province. It is located in the Northern key economic region. This is an attractive destination for both domestic and foreign investors. Strategic location, advanced infrastructure, and favorable policies are the reasons that help this industrial park attract many investors.

Key Highlights of Yen Phong 2C Industrial Park

Favorable geographical location, connecting to major industrial centers

Modern infrastructure system, meeting production and logistics needs

Attractive investment incentives, creating competitive advantages

Presence of many multinational corporations and large domestic enterprises

Strong development potential, attracting many new investment projects

Prime Geographical Location of Yen Phong 2C Industrial Park

Yen Phong 2C Industrial Park is situated in the center of the Northern key economic region. It is close to major provinces/cities such as Hanoi, Hai Phong, and Quang Ninh. The location of Yen Phong 2C I.P brings many advantages for businesses.

Convenient Road and Rail Transportation

Yen Phong 2C I.P has a developed transportation system. It connects with major industrial and logistics centers. This helps businesses save time and transportation costs.

Development of Logistics Infrastructure

The transportation and logistics infrastructure of Yen Phong 2C I.P is increasingly being invested in. This area has a modern logistics system, meeting the needs of investors and facilitating business activities.

The favorable geographical location along with the modern transportation and logistics infrastructure at Yen Phong 2C I.P has become one of the important competitive advantages, attracting many businesses to invest here.

Vị Trí Địa Lý Tỉnh Bắc Ninh

History of Formation and Development of Yen Phong 2C Industrial Park

Yen Phong 2C I.P is a leading industrial center in Bac Ninh Province. The history of Yen Phong IIC is closely linked with the economic development of Bac Ninh Province.

This industrial park was established in 2003. Since 2005, it has attracted many investment projects. The strategic location and incentive policies have helped the development process of Yen Phong IIC continuously thrive.

Over the years, Yen Phong IIC has improved its infrastructure and expanded its scale. It has attracted many domestic and foreign investors. This industrial park has made significant contributions to the economic development of Bac Ninh.

Year	Event
2003	Yen Phong 2C Industrial Park was established
2005	Started attracting investment projects
Present	Became one of the leading modern industrial centers in Bac Ninh Province

Yen Phong 2C I.P is continuing to assert its position. It is an attractive investment destination, promoting the socio-economic development of Bac Ninh Province.

Yen Phong 2C I.P is one of the bright spots in the industrial sector of Bac Ninh Province, contributing to economic growth and investment attraction.

Introduction to Yen Phong 2C Industrial Park in Bac Ninh Province

Scale and Modern Infrastructure

Yen Phong 2C I.P is located in Bac Ninh Province, covering an area of over 200 hectares. It is divided into functional zones such as manufacturing, services, and administration. The modern infrastructure system is built to meet the needs of businesses.

Within Yen Phong 2C I.P, there are many amenities and services:

Convenient transportation system with roads and railways
Infrastructure for electricity, water, and telecommunications meeting production needs
Service areas, administration, healthcare, education, and housing for workers
Modern logistics, security, and operation management services

By investing in infrastructure and services, Yen Phong 2C I.P creates a good environment for investment and business operations.

Key Production and Business Sectors at Yen Phong 2C Industrial Park

Yen Phong 2C Industrial Park attracts many investment projects. The main sectors include electronics, mechanics, and component manufacturing. This area also includes telecommunications equipment production and export processing.

Not only manufacturing, but this area also attracts services, logistics, and research & development sectors. This diversification makes the industrial park more appealing.

Many large investors, both domestic and foreign, have been attracted by this diversity. Leading companies in key industries have chosen this as their headquarters. This creates a dynamic and potential business environment.

The geographical location, modern infrastructure, and favorable policies have made Yen Phong 2C I.P attractive. Businesses here are leveraging these advantages to expand and develop.

Investment Environment and Incentive Policies at Yen Phong 2C I.P

Yen Phong 2C I.P, Bac Ninh Province, has a very attractive investment environment. It offers many tax and land incentive policies for investors. Enterprises here enjoy many benefits, helping them save costs and develop sustainably.

Tax and Land Incentives

Companies investing in the Yen Phong IIC investment environment enjoy many tax benefits. For example:

Exemption/reduction of corporate income tax for up to 10 years
Exemption from import tax on machinery, equipment, and raw materials
50% reduction in land rental fees for 15 years for eligible projects

Other Support Policies

Businesses at Yen Phong 2C I.P also benefit from other support policies. For example:

Support for high-quality human resource training
Quick and convenient administrative procedures
Provision of modern public services

With these incentives and support, the investment environment at Yen Phong IIC is becoming an ideal destination for investors. They want to expand their production and business operations in Vietnam.

Yen Phong IIC not only offers tax and land incentives but also provides a complete business ecosystem, helping companies reach further.

Representative Enterprises at Yen Phong 2C Industrial Park

Yen Phong 2C I.P in Bac Ninh Province has attracted many enterprises. Many foreign companies and leading Vietnamese enterprises have chosen this as their investment location. This has helped the industrial park develop robustly.

Leading Foreign Companies

Many large multinational corporations have shown interest in Yen Phong IIC, such as:

Samsung
Canon
LG
Foxconn
Luxshare-ICT
Pegatron

Major Domestic Enterprises

The presence of leading foreign companies is not the only aspect. Vietnamese companies have also made significant contributions, such as:

Đại Đoàn Kết
Hòa Phát
Việt Tiến

These enterprises not only create jobs but also promote socio-economic development.

Development Potential and Investment Opportunities at Yen Phong 2C Industrial Park

Yen Phong 2C Industrial Park, located in Bac Ninh Province, attracts many investors. The development potential of Yen Phong IIC is increasing, turning this area into an important manufacturing hub. This is an attractive destination for both domestic and foreign investors.

Favorable geographical location, modern infrastructure, and investment opportunities are the appealing factors at Yen Phong IIC. This area is less than 30 km from Hanoi, facilitating transportation. This enables efficient production and logistics operations.

Yen Phong IIC has a modern infrastructure system that meets investors’ needs. The transportation, electricity, water, and telecommunications systems are comprehensively invested. This ensures continuous and effective operations.

Therefore, Yen Phong IIC attracts not only businesses in electronics, mechanics, and component manufacturing but also serves as a destination for many leading multinational corporations. This is a golden opportunity for investors wanting to expand their operations in Vietnam.

With its strategic location, modern infrastructure, and incentive policies, Yen Phong 2C I.P has great development potential. It is an attractive destination for both domestic and foreign investors.

Advantages of Yen Phong 2C Industrial Park

Strategic location, convenient connection to major transportation centers
Modern infrastructure system, effectively meeting production activity needs
Incentive policies regarding taxes, land, and other support policies
Presence of many leading multinational corporations

Index	Yen Phong IIC	Average in Vietnam
Occupancy Rate	95%	75%
Number of Enterprises	160	110
Total Investment	3.2 billion USD	1.8 billion USD

Conclusion

Yen Phong 2C Industrial Park, Bac Ninh Province, has become a leading industrial center. Its strategic location, modern infrastructure, and incentive policies have attracted many projects. This helps promote the socio-economic development of the province.

Transportation, infrastructure, and tax and land incentives make Yen Phong IIC attractive. Major corporations both domestically and internationally have chosen this as a destination. This affirms the prestige and potential of Yen Phong IIC.

Yen Phong IIC has achieved many accomplishments and has promising development prospects. Yen Phong IIC will be a bright spot in the industrialization and modernization of Bac Ninh. This will promote economic growth and enhance the quality of life.

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FAQ

What is the geographical location of Yen Phong 2C Industrial Park?
Yen Phong 2C I.P is located in the Northern key economic region. It is close to major provinces/cities like Hanoi, Hai Phong, and Quang Ninh. There is a developed road and rail transportation system, connecting to major industrial centers both domestically and internationally.

What is the scale and infrastructure of Yen Phong 2C I.P?
Yen Phong 2C I.P covers an area of over 200 hectares. It is divided into manufacturing, service, and administration-service zones. There is a modern infrastructure system including transportation roads, electricity, water, and telecommunications, meeting the needs of businesses.

What are the main production and business sectors at Yen Phong 2C I.P?
Yen Phong 2C I.P attracts projects in key industrial sectors, such as electronics, mechanics, component manufacturing, electrical-electronic products, telecommunications equipment, and export processing. Additionally, it includes services, logistics, and technology research and development.

What are the incentive policies and investment environment at Yen Phong 2C I.P?

Yen Phong IIC has an attractive investment environment with tax incentive policies. Enterprises enjoy exemptions/reductions in corporate income tax and import tax on equipment and machinery. They also receive support for human resource training, administrative procedures, and public services.

What are the representative enterprises at Yen Phong 2C I.P?
Yen Phong 2C I.P has attracted many large corporations. For example, Samsung, Canon, LG, Foxconn, Luxshare-ICT, Pegatron, Đại Đoàn Kết, Hòa Phát, and Việt Tiến. These businesses choose Yen Phong IIC for investment, promoting the development of the industrial park.

What is the development potential and investment opportunity at Yen Phong 2C I.P?
With its strategic location, modern infrastructure, and attractive incentive policies, Yen Phong 2C Industrial Park has great development potential. It is an appealing destination for both domestic and foreign investors, especially in the electronics, mechanics, and component manufacturing sectors.