Que Vo II Industrial Park, initially planned for 200 hectares, was expanded to 270 hectares in 2006. Detailed planning was approved by Bac Ninh province in 2007, with further adjustments in 2018. Phase 1 comprises 269,48 hectares in Que Vo district, Bac Ninh Province, with an investment of 1.480 billion VND and a 50-year operation period. Phase 2 includes 300 hectares in Duc Long and Chau Long Communes.
I. Que Vo II Industrial Park Phase 1 – Bac Ninh:
Que Vo II Industrial Park Phase 1 was included in the Vietnam Industrial Zone plan until 2015, with a projected initial area of 200 hectares, as per the decision of the Prime Minister on August 21, 2006 (Decision No. 1107/QD-TTg). On November 27, 2006, the Prime Minister approved an expansion of the planned area to 270 hectares (Official Letter No. 1954/TTg-CN). Bac Ninh Province approved the detailed planning at a 1/2000 scale on April 19, 2007 (Decision No. 546/QD-UBND), and made further adjustments on October 3, 2018 (Decision No. 1374/QD-UBND). As a result, Que Vo II Industrial Park Phase 1 covers a planned area of 269,48 hectares in Ngoc Xa and Dao Vien Communes, Que Vo District, Bac Ninh Province, with 188,17 hectares designated as industrial land (69.83% of the total planned area).
The Investment Registration Certificate for the Construction and Infrastructure Business Project of Que Vo II Industrial Park was issued to Que Vo IDICO Urban Development and Industrial Investment Joint Stock Company on July 30, 2007. The initial investment capital exceeded 490 billion VND, and subsequent adjustments raised it to 1.480 billion VND. The project is authorized to operate for 50 years (until 2057).
The Que Vo II Industrial Park is divided into two phases. Phase 1 spans an area of 269,48 hectares and involves a total investment of approximately 490 billion VND, encompassing Ngoc Xa, Dao Vien, and a portion of Chau Phong Communes. Phase 2 covers an area of 300 hectares and is located within Duc Long and Chau Long Communes.
Master plan map of Que Vo II Industrial Park Phase 1 – Bac Ninh – TTTFIC Group
II. Geographical location of Que Vo II Industrial Park Phase 1:
Que Vo II IP Phase 1 is located in Ngoc Xa Commune, Que Vo District, Bac Ninh Province, Vietnam.
Que Vo II IP Phase 1 is strategically located on the main national and provincial route, QL18, making it highly convenient for attracting and training the workforce in the province and neighboring regions. It serves as a workforce training hub for the industrial clusters and zones in the “Industrial Province.”
Distances from Que Vo II Industrial Park Phase 1 – Bac Ninh:
50 km from Hanoi’s Capital.
50 km from Noi Bai International Airport.
100 km from Hai Phong Seaport.
98 km from Cai Lan Seaport.
Approximately 145 km from the Vietnam-China border gate in Lang Son.
Chau Cau Railway station runs through the main area of the industrial zone.
Approximately 140 km from Hai Phong Port.
The infrastructure of Que Vo II Industrial Park Phase 1:
Normal hours (04:00-9:30; 11:30-17:00; 20:00-22:00): 1,572 VND/kWh.
Off-peak hours (22:00-04:00): 1,004 VND/kWh.
Water Supply:
Source: Clean water plant of the industrial zone, capacity of 10,000 m3/day and night; surface water treatment technology; variable frequency pumping.
Price for clean water supply for production and domestic use: 10,500 VND/m3 (including VAT and water resource tax).
Contact Information:
Communication systems provided by network providers such as VNPT, FPT, and Viettel ensure seamless communication domestically and internationally, including telephone, mobile phone, fax, and internet services for investors.
An overview perspective of Que Vo II Industrial Park Phase 1 – Bac Ninh – TTTFIC Group
Drainage System:
Includes separate systems for rainwater and wastewater, running along internal roads to collect all rainwater and wastewater from factories in the industrial zone.
The industrial park directly discharges rainwater into the receiving source.
Wastewater is collected and treated at the centralized wastewater treatment station of the industrial zone, meeting the required standards before being discharged into the environment.
Main wastewater pipe and branches to each land plot: D400 – D600.
Wastewater treatment price (drainage service): 8,000 VND/m3 (including VAT and Environmental Protection Fee), based on 80% of the clean water usage volume.
Transportation:
The industrial park planners have designed the road system in a square grid pattern to ensure convenient transportation to each land plot. Asphalt concrete roads with a load capacity of H30, widths ranging from 8 to 15m, with sidewalks for pedestrians, combined with a modern high-voltage lighting system. Green spaces cover 12.45% of the industrial zone’s land area, creating a clean and beautiful landscape and contributing to ecological balance.
Investment-Attractive Industries:
Que Vo II Industrial Park Phase 1 primarily focuses on attracting industries such as:
Electronic manufacturing and assembly.
Production and assembly of automotive and motorcycle components, and construction materials.
Agricultural, forestry, and aquatic product processing.
Mechanical engineering and manufacturing, mechanical equipment outsourcing.
Iron and steel production and processing.
Que Vo II Industrial Park Phase 1 – Bac Ninh – TTTFIC Group
Investment Costs:
Infrastructure usage fee: 145 USD/m2 for the entire lease term. The unit price may vary depending on the land location.
Infrastructure management and maintenance fee: 9,000 VND/m2/year.
Annual land rental fee: Applied based on the leasing rate determined by Bac Ninh province, subject to change.
Normal hours (04:00-9:30; 11:30-17:00; 20:00-22:00): 1,572 VND/kWh.
Off-peak hours (22:00-04:00): 1,004 VND/kWh.
Water supply price: 10,500 VND/m3, subject to change according to the decision of the Bac Ninh People’s Committee.
Wastewater treatment fee: 8,000 VND/m3, calculated based on 80% of the clean water usage volume.
Note: The above prices do not include VAT and are subject to change without prior notice.
Investment incentives:
1. The corporate income tax rate is set at 20%.
2. Tax incentives include a preferential tax rate of 17% for 10 consecutive years starting from the first year of project revenue. After that, the regular tax rate of 20% applies. Additionally, there is a tax exemption for 2 years and a 50% reduction for the following 4 years from the year taxable income is generated.
3. The tax exemption and reduction period is continuous, beginning from the first year of taxable income. If there is no taxable income in the first three years, the exemption and reduction period starts from the fourth year.
4. The provisions of the Law on Export Tax and Import Tax and related decrees waive import tax for imported goods. These tax incentives are based on Decree No. 218/2013/ND-CP (December 26, 2013) and Decree No. 118/2015/ND-CP (November 12, 2015).
Current Investment Attraction Status in Que Vo II Industrial Park Phase 1:
Que Vo II Industrial Park Phase 1 has achieved significant progress in attracting investments. After 15 years of operation, the infrastructure is complete and operations are stable. Over 60% of the land has been leased, with more than 40 investment projects from South Korea, Japan, and Vietnam. Notable projects include tile production by BNC Ceramic JSC, metal structure manufacturing by Innotek JSC, plastic product manufacturing by Highsun Optoelectronic Co., Ltd., Vipaco JSC, and Jungbu Vina Company.
The land for lease that belong to Industrial Park has run out of stock. Only the land and warehouse has been re-invested by individual investor that still available
TTTFIC Group: Guide to Industrial Real Estate in Vietnam
Where you gain a comprehensive view of the ideal investment environment for foreign enterprises, we are TTTFIC Group, your reliable partner in the Industrial Real Estate sector.
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With over 20 years of experience in Design & Build for FDI projects of all scales. If you’re seeking industrial real estate in Vietnam, give us a call! With a team of experienced experts, engineers, and lawyers, we have assisted thousands in property buy, sell, M&A, and industrial real estate leasing (especially investors from the US, Germany, Denmark, Sweden, the UK, Korea, Japan, Taiwan, China, India, Singapore…).
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Industrial real estate in industrial zones, Vietnam
