Korean investors explore and survey Au Lau industrial zone

In recent years, to promote investment in industrial zones, clusters, Yen Bai has stepped up investment promotion, improved the investment environment, and strengthened the provincial  competitiveness. The province directs all levels and branches to formulate and promulgate special mechanisms and policies to attract  investors to the industrial park infrastructure; To support and create conditions for industrial park infrastructure investors to access long-term loans with preferential interest rates in order to well perform the work of compensation, clearance, site clearance and construction of infrastructure for industrial zones.

Up to now, industrial zones in the province have attracted 35 projects, with a total investment capital of nearly 10 trillion. Especially, the southern industrial zone has effectively attracted 29 investment projects, with a total investment capital of over 6 trillion, of which 19 projects have gone into production and business, focusing on processing agricultural and forestry products, building materials, iron and steel industry, minerals, stone powder.

Currently, the province has 10 industrial clusters with the total area of ​​398.78 ha. Total investment capital of infrastructure is 307.748 billion VND, of which over 98 billion VND is invested in compensation, land clearance, internal roads, power and water supply. Up to now, 44 projects have registered to invest in industrial clusters, with a total registered investment capital of 2,266 billion VND, of which 38/44 projects have been put into operation with a total investment capital of 818,608 billion VND, attracting 1,854 employees from the localities. The Dam Hong industrial cluster in Van Phu commune, with an area of ​​16 hectares is an effective operation. So far 22 enterprises have registered investment with total capital of nearly 105 billion VND.

In addition to the achievements, attracting investors in industrial zones is still limited and to fill industrial zones and clusters requires a great deal of efforts in attracting investment. Minh Quan Industrial Park with the planning area of ​​112 hectares but only attracted four investment projects with a total land area of ​​10.06 hectares. Of which, one project was put into operation and 3 projects are under construction process. Au Lau Industrial Park covering an area of ​​118 hectares has attracted two investment projects with the area of ​​22 hectares for lease, reaching the filling rate of 27.14%, of which one project was put into operation, one project is at slow progress ... It can be seen that the industrial zones in recent years have been interested to invest in basic infrastructure, they are still not attractive enough for investors, and the rate of filling is not commensurate with the scale and potential of the planned industrial zones.

In the coming time, to promote investment in industrial zones, industrial clusters, it is necessary to develop a focal and key investment promotion program that avoids dispersal, feasibility and suitability with funding, method and time of implementation. There must be a choice to have large scale projects, highly competitive products, high quality, value added, using modern technology, environmental friendliness ...; Particularly paying attention to investment projects on infrastructure construction in industrial zones such as transportation, waste water treatment solid waste treatment in industrial zones, ...; Along with attaching great importance to improving the investment environment, the province needs to pay attention to the task of assisting investors to solve difficulties and problems arising in the process of investment and production in industrial zones; To continue investing in infrastructure such as roads, electricity and water supply systems, especially concentrated wastewater treatment systems, formulating preferential mechanisms and policies to support investment projects on developing industrial zones and clusters, especially preferential policies for investors dealing in infrastructure in industrial clusters.