Deputy Prime Minister Tran Hong Ha signed Decision No. 50/QD-TTg on January 8, approving the investment policy and the investor for the project to build and operate the infrastructure of Yen Binh 3 Industrial Park in Thai Nguyen province.

Spanning nearly 300 ha, the project is located in Diem Thuy and Nga My communes, Phu Binh district. The total investment capital amounts to VND4.14 trillion (over $162.8 million), with the investor, BMK Corporation JSC, contributing VND620.9 billion (nearly $24.5 million).

Yen Binh 3 Industrial Park is planned as a multi-sector industrial park, prioritizing investment projects in key industrial sectors and products utilizing advanced technology.

These sectors include high-tech products, deep processing, information technology, telecommunications electronics, high-tech supporting industries, mechanical engineering, agricultural and forestry product processing, environmentally friendly production, energy-saving industries, and those using renewable energy sources.

Once completed, the park is expected to attract 30,000-35,000 workers.