Potential and investment

Yen Bai attracts 24 projects in industrial, trade, service sectors

  •  Tuesday, February 7, 2023

YBO - In 2022, Yen Bai province lured 24 investment projects in the fields of industry, trade and services with total capital of over 3.4 trillion VND (144.25 million USD).

Production of plywood at JUNMA Yen Bai joint Stock Company.
Production of plywood at JUNMA Yen Bai joint Stock Company.

Among the projects, 19 are invested in the industrial sector with total investment of over 3 trillion VND, five in the trade and service sectors with nearly 400 billion VND.

At the same time, the province also attracted a number of investors with high capacity investing in industrial park (IP) and industrial cluster (IC) infrastructure with a total area of 926 hectares, including Tran Yen IP and Phu Thinh IC in Yen Binh district, raising the average occupancy ratio of local IPs to over 95%.

All the investment projects in Yen Bai use high technologies and modern production lines, meeting the demand for intensive production and processing activities.

Hong Duyen

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