On April 28, 2025, the People's Committee of Bac Ninh Province approved the investment policy and simultaneously approved the investor for the Infrastructure construction investment and Trading of Expanded Que Vo 2 Industrial Park (QVMR2 IP)" by granting Decision No. 333/QD-UBND to Kinh Bac City Development Holding Corporation (KBC).
The area of the project is 140.34ha, which is implemented in Mo Dao commune, Yen Gia commune and Phuong Mao ward, Que Vo town, Bac Ninh province with the goal of investing, constructing and trading industrial park infrastructure. The total investment capital of the project is 1,878 billion VND. The operation term of the project is 50 years from the date of land allocation or land lease by the Governance.
On April 28, 2025, the People's Committee of Bac Ninh Province approved the investment policy and simultaneously approved the investor for the Infrastructure construction investment and Trading of Expanded Que Vo 2 Industrial Park (QVMR2 IP)" by granting Decision No. 333/QD-UBND to Kinh Bac City Development Holding Corporation (KBC).
The area of the project is 140.34ha, which is implemented in Mo Dao commune, Yen Gia commune and Phuong Mao ward, Que Vo town, Bac Ninh province with the goal of investing, constructing and trading industrial park infrastructure. The total investment capital of the project is 1,878 billion VND. The operation term of the project is 50 years from the date of land allocation or land lease by the Governance.
QVMR2 IP is oriented by KBC to become a multi-sectoral, high-tech industrial park, focusing on attracting investment in the fields of electronics, electronic components, and precision mechanics, etc in line with the general development orientation of Bac Ninh province.
Location of Expanded Que Vo 2 Industrial Park, Bac Ninh Province
The QVMR2 IP project has been implemented with the desire to continue the success of Que Vo IP and Expanded Que Vo IP (with a total area of 611 ha) – the first IPs invested and built by KBC since 2003 in Bac Ninh province, which have attracted hundreds of FDI projects in the field of electronics, precision mechanics, etc with a large scale of world-famous corporations such as Foxconn, Canon, Goertek, Nippon Zoki, Hanwha Techwin, Mitac, etc. Que Vo IP and Expanded Que Vo IP have now been fully filled with 100% commercial land, with a total investment capital of more than 3 billion USD. These projects have always received special attention from FDI enterprises, showing the appeal in investment attracting of Bac Ninh province in general and of Que Vo IP in particular.
With the goal of quickly attain site to sign land sublease transactions and hand over land to potential investors right in 2025, KBC is determined to accelerate the procedures and progress for compensation, site clearance and prepare to implement the construction of technical infrastructure of the QVMR2 IP Project on the basis of strictly comply with the provisions of law. QVMR2 IP will soon be put into operation, which will contribute to improving the efficiency of attracting investment in Bac Ninh province.