Day One of Land Compensation for Yen Binh 3 Industrial Park: Consensus – Trust – Development
Yên Bình 3 Industrial Park begins land clearance compensation for first households in Phu Binh, Thai Nguyen. Local residents show high consensus; developer commit to ensuring on-time project implementation.
On March 4, 2025, the first round of compensation payments for households affected by the Yen Binh 3 Industrial Park project took place in Phu Binh District, Thai Nguyen Province.
The event was held in a transparent and respectful manner, with the presence of Phu Binh District leaders, representatives from BMK Group—the project investor—local authorities, and a large number of residents.
At the ceremony, a representative of BMK Group stated:
"The support and cooperation of local residents are key to the swift and effective implementation of this project. BMK is committed to listening, working closely with the community, and ensuring fair benefits for all stakeholders."
To honor the first families receiving compensation, the Director of the Phu Binh Land Development Center and the investor's representative presented them with flowers and rewards — an expression of gratitude and a gesture to promote a positive and cooperative spirit.
Image. The first local households cheerfully receive compensation and incentive rewards from local authorities.
In the coming days, other families eligible for compensation will continue to receive both payments and support, underscoring the project's long-term commitment to fairness and sustainability.
According to the Phu Binh Land Development Center, nearly all affected residents have expressed strong support for the project, recognizing its long-term benefits and placing their trust in its positive socioeconomic impact.
Image. Community members show strong support and unity with the local government for the Yen Binh 3 Industrial Park project.
Timely completion of site clearance is expected not only to keep the Yen Binh 3 Industrial Park on schedule but also to bring transformative change to the area—upgrading infrastructure, boosting the local economy, and creating tens of thousands of jobs for workers in Phu Binh and nearby regions.
With the joint efforts of local authorities, investors, and residents, Yen Binh 3 Industrial Park is set to become a strategic destination for both domestic and international investors, positioning Phu Binh as a rising modern industrial hub in the near future.