Yen Son Bac Lung Industrial Park in Bac Giang Province
Bac Giang Province is a locality with industrial development potential. Yen Son Bac Lung Industrial Park is an attractive point for investors. It has a strategic geographical location and modern infrastructure. This industrial park is developed to boost the province’s economic growth, create job opportunities, and attract investment. With a large area and favorable policies, this industrial park draws in investments.
Key Highlights
- Favorable geographical location with good transportation connections.
- Modern infrastructure that meets production needs.
- Attractive investment incentive policies that support capital and land.
- Abundant, young, and dynamic labor force.
- Friendly business environment attracting many large enterprises.
Geographical Location of Yen Son Industrial Park
Yen Son Bac Lung Industrial Park is located in the center of Bac Giang Province. This location offers convenient access to major economic centers such as Hanoi, Hai Phong, and Quang Ninh.
Transportation Advantages
Yen Son Bac Lung Industrial Park is surrounded by a developed network of roads and railways. This optimally facilitates the quick and efficient transportation of goods for businesses.
Distance from the Industrial Park to Major Urban Areas
It is only about 50 km from Hanoi, 80 km from Hai Phong, and 120 km from Quang Ninh. This industrial park not only benefits from transportation convenience but also has a strategic geographical position, facilitating enterprises’ access to large markets and resources.
The strategic location of Yen Son Bac Lung Industrial Park is an important competitive advantage for investors.
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Scale and Development Potential of the Industrial Park
Yen Son Bac Lung Industrial Park has a large land area that meets the production expansion needs of enterprises. Local authorities are developing modern infrastructure to create a favorable business environment.
With its extensive scale and strong development potential, Yen Son Bac Lung Industrial Park attracts many enterprises. Tax incentives, land support, and modern infrastructure all contribute to its appeal.
Yen Son Bac Lung Industrial Park is not only a hub for industrial production companies but also a driving force for economic development, creating numerous job opportunities for local residents. The industrial park features a strategic geographical location, modern road and rail transport systems, and a stable supply of electricity and water, facilitating production and logistics.
With its scale and development potential, Yen Son Bac Lung Industrial Park is a highlight of Bac Giang Province.
Main Business and Production Sectors
Yen Son Bac Lung Industrial Park is experiencing robust growth, attracting many enterprises across various business sectors. Heavy industries such as machinery manufacturing, metallurgy, and chemicals are significant here. Alongside, light industries like textiles and leather goods are also rapidly developing. Furthermore, the area boasts many services supporting production.
Heavy Industries
Within Yen Son Bac Lung Industrial Park, there are several heavy industries, including:
- Machinery and industrial equipment manufacturing.
- Metallurgy and metal product manufacturing.
- Chemical production and chemical products.
Light Industries and Services
This industrial park also attracts many enterprises in light industries and services. These fields include:
- Textile production.
- Leather production and leather products.
- Supporting services for production, such as logistics, warehousing, and transportation.
The diversity in business fields at Yen Son Bac Lung has significantly contributed to economic development, creating numerous job opportunities for local residents.
Modern Infrastructure
Yen Son Bac Lung Industrial Park is built with modern infrastructure that fully meets the production and business needs of enterprises.
Road and Rail Transportation System
The industrial park is connected by a modern transportation network, including:
- Roads: National highways and expressways connecting to major economic centers.
- Rail: Railways linking the industrial park to ports and international airports.
Stable Electricity and Water Supply
The industrial park ensures a stable supply of electricity and clean water. This meets the production and living needs of enterprises. The power and water supply systems are built using modern technology, ensuring continuous supply and sufficient capacity.
| Utility | Description |
| Transportation System | Road and rail connections to economic centers |
| Electricity Supply | Modern electrical system ensuring stable supply |
| Water Supply | Clean water supply system meeting production and living needs |
With synchronized and modern infrastructure, Yen Son Bac Lung Industrial Park optimally supports effective operations for enterprises.
Investment Incentives Policy
Bac Giang Province has implemented various incentive policies to attract investors. Yen Son Bac Lung Industrial Park offers many incentives aimed at creating a favorable environment for business development.
Tax and Land Incentives
Investing in Yen Son Bac Lung Industrial Park brings numerous benefits. Enterprises enjoy tax incentives, such as exemptions and reductions in corporate income tax. They also benefit from land incentives like preferential rental prices and large land areas.
These incentives have attracted many large enterprises to invest in heavy and light industries.
Support for Capital and Credit
Bac Giang Province has also implemented various policies to support enterprises in terms of capital and credit. Enterprises have access to preferential capital sources and low-interest loans, helping them invest in production expansion.
The investment incentive policies have confirmed the position of Yen Son Bac Lung Industrial Park, laying the groundwork to attract many large projects.
Favorable Business Environment
Yen Son Bac Lung Industrial Park in Bac Giang Province is built to modern standards, designed to create an optimal business and investment environment. Enterprises will receive many advantages from synchronized infrastructure and incentive policies.
The favorable location in terms of transportation and services is a strength of this industrial park. Tax incentives, land support, and assistance with capital and credit help enterprises reduce costs, allowing them to focus on their core business activities.
Yen Son Bac Lung Industrial Park is becoming an attractive destination for enterprises looking to expand their production and business activities in Vietnam. The favorable investment and business environment here will promote sustainable development for investors.
Abundant Labor Supply
The Bac Giang area has many young and dynamic workers, providing a potential labor force for enterprises. This makes Yen Son Industrial Park attractive for industrial investment and development.
Professional Vocational Training Programs
Yen Son Industrial Park has developed specialized vocational training programs in collaboration with universities and colleges in the region. These courses help provide skilled and qualified labor for businesses.
Thanks to the abundant and high-quality labor force, enterprises at Yen Son Industrial Park can quickly expand their operations and increase productivity.
Consequently, Yen Son Industrial Park has become a destination for both domestic and foreign investors, boosting the economy of Bac Giang Province.
Projects Currently Underway
Yen Son Bac Lung Industrial Park has attracted many large enterprises looking to invest in industry in Bac Giang. Investment projects here are rapidly developing, expanding production, and creating new jobs.
Progress of New Construction Projects
Yen Son Bac Lung Industrial Park not only attracts investment from enterprises but also promotes the progress of new construction projects. These projects include:
- Building new factories with a total area of 50,000 m² to meet the production expansion needs of investors.
- Completing service areas and technical infrastructure, such as transportation systems and power and water supply, to improve quality and working conditions for enterprises.
- Constructing residential areas for workers with 500 apartments to attract and stabilize labor sources for enterprises in the industrial park.
With continuous efforts, Yen Son Bac Lung Industrial Park is asserting its position as an attractive destination for industrial investment in Bac Giang.
Role of the Industrial Park in Local Economic Development
Yen Son Bac Lung Industrial Park serves as a foundation for the economic development of Bac Giang Province. It attracts both domestic and foreign investors, creating numerous job opportunities and increasing income for local residents.
The industrial park promotes essential industries such as mechanics, electronics, textiles, and high technology. This enhances competitiveness and fosters the province’s economic growth, contributing to sustainable development.
The strategic location and good infrastructure of Yen Son Bac Lung Industrial Park help attract investment. This area will continue to play a crucial role in the economic development of Bac Giang Province.
Other industrial zones
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- Hoa Phu Industrial Park In Bac Giang Province
- Quang Chau Industrial Park In Bac Giang Province
- Song Khe – Noi Hoang Industrial Park In Bac Giang Province
- Tan Hung Industrial Park In Bac Giang Province
- Van Trung Industrial Park In Bac Giang Province
- Viet Han Industrial Park In Bac Giang Province
- Yen Lu Industrial Park In Bac Giang Province
- Yen Son – Bac Lung Industrial Park In Bac Giang Province
FAQ
Where is Yen Son Bac Lung Industrial Park located?
Yen Son Bac Lung Industrial Park is located in Bac Giang Province. This is a strategic location with a developed transportation system, facilitating the transportation of goods to major urban areas like Hanoi, Hai Phong, and Quang Ninh.
What is the scale and development potential of Yen Son Bac Lung Industrial Park?
The industrial park has a large land area that meets the needs of production expansion. Local authorities invest in developing modern infrastructure, creating a favorable business environment for investors.
What are the main business and production sectors at Yen Son Bac Lung Industrial Park?
The industrial park attracts many enterprises in heavy industries such as machinery manufacturing, metallurgy, chemicals, and light industries like textiles and leather goods, along with supporting services.
How is the infrastructure at Yen Son Bac Lung Industrial Park?
The industrial park is built with modern infrastructure, featuring convenient internal transportation systems and adequate supplies of electricity, water, and other essential services.
What investment incentives are offered at Yen Son Bac Lung Industrial Park?
Bac Giang Province has implemented various incentive policies, including tax incentives, land support, and capital assistance to attract investors to the industrial park.
What is the business environment like at Yen Son Bac Lung Industrial Park?
The industrial park is constructed with modern infrastructure and supportive policies that create a favorable business environment for enterprises.
What are the characteristics of the labor force at Yen Son Bac Lung Industrial Park?
Bac Giang has an abundant, young, and dynamic labor force with professional vocational training programs, providing skilled personnel for enterprises.
What projects and construction progress are underway at Yen Son Bac Lung Industrial Park?
The industrial park has attracted many large enterprises, and new projects such as factories, service areas, and infrastructure are underway to meet the investors’ production expansion needs.
What role does Yen Son Bac Lung Industrial Park play in local economic development?
The industrial park plays a vital role in the economic development of Bac Giang Province by attracting investment, creating jobs, and increasing budget revenues while promoting the local industrial sector.