Lying in proximity to two national artery roads, that is, the North - South Corridor (National Road 1A and National Road 1B linking Hanoi with Lang Son) and the East-West Corridor (Highway 18 linking to Noi Bai International Airport), in addition to location vantages, Yen Phong Industrial Park also has complete synchronous infrastructure and standard investment environment. These elements are very attractive to domestic and foreign investors, particularly Korean international investors like Samsung, Orion, and P&Tel.
Complete infrastructure
The 665.2 ha industrial park is built in two phases, including 351.3 ha in the first phase and 313.9 ha in the second phase. Yen Phong Industrial Park is designed for various industries like electricity, electronics, high-tech, building material, mechanical engineering, pharmaceutical, consumer goods, agriculture, forestry and fishery.
After 5 years, the land area of the first phase was basically leased out to investors. According to the Bac Ninh Industrial Zone Authority. Yen Phong is one of most investor attracting industrial parks in Bac Ninh province.
Systematically and synchronously invested to bring benefits to investors, Yen Phong Industrial Park gathers all utility services like infrastructure, electricity, water supply wastewater treatment facilities. With professional workforce, the operators will provide most support for investors, from the stage of surveying to carrying out projects. They will also be supported with worker recruitment.
The industrial park also has other services like office, warehouse, dry port, bank, postal office and insurance to meet the financial and communication needs of businesses.
A plus of Yen Phong Industrial Park in attracting investors is its support for worker recruitment and training for investors. Lying close to the industrial park is the 56-ha Yen Phong Urban Zone, which provides offices, accommodation and utilities services for workers in the industrial park. At present, the industrial park has five apartment buildings capable of accommodating 3,600 people. Especially, the newly operated vocational college will supply hundreds of skilful workers for investors.
Good land
Since its operation, Yen Phong Industrial Park has been very attractive to investors. Currently, it is housing 31 investment projects, of which 28 projects were licensed and 24 projects went into in operation. They created 20,000 jobs. South Korea accounts for over 40 percent of the projects.
Investment projects are now operating very effectively. Samsung, which registered to hire 100 ha and already used 50 ha, earned net export value of VND2,000 billion. ORION Food Company made US$50 million revenues in 2011, 15 percent higher than the plan.
This success confirms the vision of Viglacera leaders when they chose dynamic Bac Ninh province to locate their industrial park. This is also the persuasive proof for the Prime Minister to allow the company to carry out the second phase which is expected to be deployed in 2012.
In couple with accelerating infrastructure investment, Viglacera has organised overseas trips to appeal investors. With its systematic investment method, Viglacera is making Yen Phong Industrial Park an ideal destination for investors.
Trong Dat
Vietnamese
