Today: 28/09/2023 11:07:41 (GMT+7)

Yen Dung creates favorable condition to attract investment in industrial parks and clusters

(BGO) – Implementing Resolution No.170NQ/HU on December 16, 2020 issued by the Executive Board of Yen Dung district Party Committee about industrial development in 2021 – 2025 period, Yen Dung district (Bac Giang province) creates favorable condition to attract more investors in industrial parks and clusters.

Right after the Resolution was issued, the district People’s Committee built and issued Industrial Development Plan together with various implementation solutions to lure businesses for conducting survey and investment. After haft of the tenure, all three industrial clusters have basically completed the infrastructures.

Yen Dung district, Bac Giang province,creates favorable condition, attract investment, industrial parks and clusters, registered capital, electronic component, administrative procedure

Workers in Dehuida Vietnam Technology Company Limited in Noi Hoang industrial cluster at the production line.

Nham Son – Yen Lu industrial cluster attracted 16 investors with total registered area of 22.4 hectares (88.68 percent of total area), registered capital of over 893 billion VND (38 million USD), two of whom entered operational stages.

Yen Lu industrial cluster lured 10 investors with total area of 20 hectares (54.6 percent of which were fully occupied). A foreign investor submitted document to execute a 65 billion VND project. Noi Hoang industrial cluster had 10 sub-investors with 84.98 percent of land occupied.

According to Tran Thi Thu, Assistance of General Director in Chinese Dehuida Vietnam Technology Company Limited (Dehuida), the company was established in 2020 to manufacture electronic component. The General Director selected to hire factory in Noi Hoang industrial cluster in Yen Dung district because of its good location next to big industrial parks in the province. Also, the transport condition here is smooth to the industrial hub in the North region like Hanoi, Hai Phong, Cai Lan port (Quang Ninh province) and Tan Thanh border gate (Lang Son province).

Investing here, Dehuida receives due support from district authority and competent agencies in administrative procedure. Currently, the business creates stable jobs to 150 workers with average monthly income of 7 – 9 million VND per person.

Besides, 9 other domestic investors signed land leasing contract up to 5.4 hectares in Noi Hoang industrial cluster, three of which are building factories. The main investor to Noi Hoang industrial cluster – Vietnamese Australia Steel Joint Stock Company directly invested capital to build three factories for renting on total area of 4.97 hectares. So far, basic works have been done such as leveling the internal road, building rain water and waste water drainage system, lighting system…

In Yen Lu industrial park, the competent agency approved for the program to compensate and support land clearance in 138.12 out of 170.73 hectares. The district cooperated with the Department of Planning and Investment as well as provincial sectors to verify the project proposal file from investors to the industrial cluster so as to select and prioritize those with huge investment, advanced technology, less land use and minor impact on environment.

The industrial – construction growth rate in the district was estimated at 18 percent per year during 2021 – 2023 period with production value structure of 79 percent, which passed the criteria set in the Resolution.

Defining the importance of investment attraction to industrial parks and clusters, Yen Dung district has attracted investors by many measures. The district leaders regularly hold dialogue with the enterprises to timely handle difficulties and obstacles in the site work, investment, issuance of environment and construction permit.

Meanwhile, local authority offers support in infrastructure and human resources; ensure stable and open environment together with clean land fund for investors and assistance in legal formalities.

Particularly, the district attracted a social housing project with total cost of over two trillion VND in Noi Hoang commune and one in Nham Bien township with total investment of over one trillion VND.

Since 2021, 117 new substations ranging from 180kVA to 320kVA have been built, 20 of which are in Noi Hoang commune to serve production inside Noi Hoang industrial cluster and power demand in the villages with many boarding houses for workers.


Tuan Minh
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Yen Dung district, Bac Giang province,creates favorable condition, attract investment, industrial parks and clusters, registered capital, electronic component, administrative procedure
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