Yen Phong 2C Industrial Zone

Bac Ninh is a province with a dynamic economic development attracting many investment projects from both domestic and foreign sources. Located adjacent to the capital Hanoi, Bac Ninh benefits from the developed transportation, economic and cultural infrastructure of the capital. The province’s development potential is also very solid thanks to the planning of infrastructure including transportation urban areas and especially synchronized and intelligent industrial parks. The labor force has advantages in both quantity and quality being well-trained, highly skilled and meeting the recruitment needs of businesses in industrial parks.

Yen Phong 2C Industrial Park in Bac Ninh province is a land rental location offering a safe, efficient and highly potential investment environment. Among the industrial parks in Bac Ninh, choosing to rent land in Yen Phong 2C provides opportunities to optimize operational efficiency, enhance competitiveness and increase profits for investors.

Overview of benefits when renting land in Yen Phong 2C Industrial Park among industrial parks in Bac Ninh

1. Location of rental land in Yen Phong 2C Industrial Park

The location of rental land in Yen Phong 2C Industrial Park is situated in Dong Tien Tam Giang commune Yen Phong district Bac Ninh province.

Yen Phong Industrial Park in general and Yen Phong 2C in particular have a strategically regional connection. At the same time the surrounding transportation infrastructure fully supports the demand for goods transportation with a variety of road waterway and air transport options.

Therefore the land rental project in Yen Phong 2C Industrial Park has attracted many investors both domestic and international of various scales. Notably some companies such as Amkor Technology Hyosung etc have invested here serving as evidence of Yen Phong 2C Industrial Park’s superior regional connectivity compared to other industrial parks in Bac Ninh.

This capability is demonstrated through convenient transportation methods distributed around Yen Phong 2C Industrial Park as follows

• Approximately 1 km from Noi Bai Ha Long Expressway along National Highway 18.
• 5 km from Hanoi Thai Nguyen Expressway.
• 15 km from Hanoi Bac Giang Expressway.
• 40 km from Hanoi Capital center.
• 15 km from the leading industrial city of Bac Ninh.
• 140 km from the major port city of Hai Phong.
• 19 km from Noi Bai Airport 140 km from Cat Bi Airport 225 km from Van Don Airport.
• 109 km from Hai Phong Port.
• 150 km from Huu Nghi International Border Gate 315 km from Mong Cai.

Located in a prime location with connectivity to supply chains via road, sea and air the land rental area in Yen Phong 2C Industrial Park undoubtedly provides tenants with outstanding advantages serving as a solid launchpad for businesses to thrive.

2. Scale of rental land in Yen Phong 2C Industrial Park

Overall among the industrial parks in Bac Ninh Yen Phong 2C Industrial Park has an efficiently planned and optimally utilized land fund making it a model worth learning from. The total land area is 219 ha entirely designated for industrial use supporting diverse business and manufacturing activities across multiple industries. The land use period extends until 2068 providing a relatively long-term foundation for business stability preventing the need to relocate factories or workshops due to lease term restrictions.

Additionally the investor VIGLACERA has developed the Yen Phong urban area approximately 3.5 km away covering 51 ha of land. Social infrastructure alongside the industrial park’s infrastructure such as residential areas for experts, dormitories for workers, Viglacera Vocational College etc has transformed Yen Phong 2C Industrial Park into a high-quality working and living environment. This not only improves living standards but also enhances labor productivity and creativity ultimately contributing to the overall prosperity of businesses.

3. Key industries attracting investment

Yen Phong 2C Industrial Park is a multi-industry industrial park. However land rental within the park is prioritized for projects in electronics mechanics and high technology.

Within a 30 km radius Yen Phong 2C Industrial Park holds a key position in accessing a highly skilled workforce of approximately 8 million people. This serves as a strong driver for the development of technology-intensive and highly skilled industries which has been a general development strategy for industrial parks in Bac Ninh in recent years. This advantage provides businesses with an exceptional opportunity to enhance their competitive edge in labor quality compared to other regions in the market.

Infrastructure of Yen Phong 2C Industrial Park

• Water supply system: A water plant with a capacity of 20,000 m³/day, sourcing water from the Cau River.
• Wastewater treatment system: All industrial wastewater in Yen Phong 2C Industrial Park is treated by a centralized wastewater treatment system with a capacity of 17,000 m³/day and night.
• Power supply system: Ensuring stable support for all operations within the leased land area. Similar to most industrial parks in Bac Ninh, electricity for Yen Phong 2C Industrial Park is supplied from the national power grid via a 110/22 KV substation with a capacity of 2×63 MVA.
• Fire protection system: Fire hydrants are placed within a 150 m radius of the main water supply pipelines in the industrial park. The emergency response time for fire incidents is highly reliable.
• Internal road system: Built to meet technical standards and ensure the load capacity for transporting goods within the industrial park.
• Telecommunications system: Meets international standards, offering multiple service providers for businesses to choose from.

Reference prices for land rental in Yen Phong 2C Industrial Park

Yen Phong 2C Industrial Park boasts a prime location and superior infrastructure. However, it offers highly competitive rental rates for investors. Below are some key rental costs:

• Land rental price: $160 – $167 USD/m².
• Deposit fee: Negotiated directly with the leasing provider.
• Management fee: $0.75 USD/m² per year.
• Labor cost: Basic salary level II.

Additionally, tax incentives are available, with a two-year tax exemption followed by a 50% tax reduction for the next four years.

For more details on land rental projects in Bac Ninh industrial parks, visit the RSQUARE website.