YBP- By many efforts in improving the investment environment until the end of 2017, Yen Bai has attracted 47 more investment projects, up 23.7% over the same period in 2016.
Groundbreaking ceremony of Edge Glass electric component factory.
By the end of 2016, Yen Bai has 388 investment projects with total registered capital of over 52.195 trillion dong and 201.9 million US dollars. Of which, industrial production accounts for 308 projects; agriculture, forestry and fishery production: 38 projects, trade, services and other economic sectors: 42 projects.
By many efforts in improving the investment environment until the end of 2017, Yen Bai has attracted 47 more investment projects, up 23.7% over the same period in 2016. Bringing total investment projects to 433 projects. Of which the construction industry accounts for 325 projects; agro-forestry sector is 44 projects, the field of trade and services is 64 projects.
From the beginning of 2018, information about the construction of EDGE GLASS electronic components factory showed the good sentiment about the investment attraction of Yen Bai province this year. With a total investment capital of up to 4.994 trillion dong, the EDGE GLASS factory will start construction on Feb 3rd, 2018 in Bao Hung commune, Tran Yen district. This is a large-scale FDI project that will attract the largest number of laborers and contribute to the state budget deployed in Yen Bai province up to now.
Expected to be completed in April 2016, the EDGE GLASS factory is built on an area of 6.49 hectares with designed capacity of 54 million products per year with products Cover Glass. 2D small, 3D type for phone and the large 2D Glass Cover for tablets. This is the project of manufacturing telephone accessories for Sam Sung phones. After putting into use, the factory will promise to increase the provincial budget.
Another major project will be put into operation in April 2018 is Hoa Sen Steel Pipe Plant. With an estimated investment capital of more than 1 billion VND, on an area of 20 ha in Minh Quan and Bao Hung communes, Tran Yen district, Yen Bai province. Once completed and put into operation, it will contribute significantly to local budgets and create jobs for nearly 400 employees.
In addition, many projects have large scale and capital investment of the economic groups, enterprises have the potential as IC12 Industrial Complex - Commercial - Service - Urban Complex of the Hoa Sen Yen Bai with registered capital of over 2.731 billion; Investment project on building new urban area in Tan Thinh commune, in Yen Bai city, with registered capital of nearly 5.000 billion VND. These projects have confirmed the determination to improve the investment environment of Yen Bai province as affirmed by the Chairman of the Yen Bai People's Committee Do Duc Duy:" Yen Bai is committed and create all conditions. The best for corporations, domestic and foreign enterprises to invest in Yen Bai.
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By Thanh Thuy