Minh Quan Industrial Park - Yen Bai

Minh Quan Industrial Park – Yen Bai. Area: 107.887 Ha – Term: 2058

Khu công nghiệp (KCN) Minh Quân - Yên Bái

Overview

Minh Quan Industrial Park is a key investment attraction in Yen Bai Province. Initially planned to cover 112 ha, the park’s area was adjusted to 107.887 ha (a reduction of 4.113 ha) following Decision No. 02/QD-UBND issued by Yen Bai Provincial People’s Committee on January 4, 2021.

Funded by the state budget, the park’s technical infrastructure is under construction to support investors in production and business activities. Additionally, Yen Bai’s advantages include extensive forest coverage and natural resources, making it suitable for industries such as wood processing, mineral exploitation, and construction materials manufacturing. Investors benefit from affordable land and infrastructure rents, as well as solid ground conditions, which reduce construction costs for factory buildings.

Location

Conveniently located near the Hanoi–Lao Cai Expressway, the park offers easy access for transportation and logistics.

Khu công nghiệp (KCN) Minh Quân - Yên Bái

Infrastructure

Internal Roads:

    • The park’s roads connect seamlessly to external traffic networks, facilitating investor access.
    • Main roads: 36 m wide; branch roads: 19.5 m wide.

Electricity:

    • Power is supplied by the Minh Quan 110/22kV substation, with distribution along internal roads to the boundary of each factory.

Public Lighting:

    • Road lighting is installed separately from the residential power system along traffic routes.

Water Supply:

    • Water is sourced from the Yen Binh Water Plant (4,000 m³/day) and delivered via D300 pipelines along the park’s roads.

Drainage Systems:

    • Separate systems for stormwater and wastewater are planned and constructed along internal roads.
      • Stormwater is discharged directly into receiving sources.
      • Wastewater is collected and treated at a centralized wastewater treatment plant to meet environmental standards before being released into the Red River.

Waste Management:

    • Factories in the park sign contracts with licensed service providers for waste classification, collection, and transportation, ensuring environmental safety.

Telecommunications:

    • Services by VNPT, FPT, and Viettel ensure uninterrupted communication domestically and internationally.
    • The development plan includes 3,000 lines by 2030 and 5,000 lines by 2040, with signal sourced from the Phu Loc Telecommunications Center.

Supported Industries

Minh Quan Industrial Park targets the following sectors:

  • High-end construction materials production
  • Premium plywood and wood processing
  • Building materials and construction stone manufacturing

Labor costs

Located in Region IV, the current regional minimum wage is 3,090,000 VND/month.

Social Infrastructure

  • Customs Services:
    • A customs office is planned at the park’s operational center to streamline enterprise procedures.
  • Banks:
    • Banks are located 1 km from the park, along with on-site ATMs for workers’ convenience.
  • Postal Services:
    • Modern IT systems support data transmission, telephony, internet, and video conferencing.
  • Public Transport:
    • Bus routes connect the park to destinations such as Hai Duong, Hanoi, Quang Ninh, Hai Phong, Phu Tho, Bac Ninh, and Tuyen Quang.
  • Fire Safety:
    • Fire hydrants are installed along the park’s roads for fire prevention and control.
  • Accommodation:
    • Proximity to vibrant residential areas ensures convenient housing and living conditions for workers.
  • Healthcare:
    • The local healthcare system is well-developed, with comprehensive facilities in every commune to meet residents’ medical needs.
  • Education:
    • Tran Yen District boasts a robust education system with significant investments in quality improvement, ensuring effective training and education for the local population.

(Note: all information above is for reference only. Actual information will be calculated according to the current time)

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