Que Vo III Industrial Park has been approved as an addition to the Bac Ninh Provincial Industrial Park Master Plan, with an expected scale of 300 hectares. On August 20, 2014, the Prime Minister approved an increase in the planned area of Que Vo III Industrial Park from 300 hectares to 524 hectares (an increase of 224 hectares). Therefore, Que Vo III Industrial Park consists of two phases: Que Vo III Industrial Park Phase 1 (303.8 hectares) and Que Vo III Industrial Park Phase 2 (208.54 hectares).
The Que Vo III Industrial Park Phase 1 project was approved by the Bac Ninh Provincial People’s Committee for DABACO Group Joint Stock Company as the investor, with a planned area of 303.8 hectares. Later, according to the official letter No. 123/TTg – KTN dated January 19, 2016, by the Prime Minister, EIP Investment and Development Limited Liability Company (currently owned by VID Thanh Hoa Investment and Development Joint Stock Company under TNI Holdings) became the new investor of Que Vo III Industrial Park Phase 1.
The Que Vo III Industrial Park Phase 2 project was approved by the Prime Minister with Investment Policy Decision No. 451/QD-TTg dated March 26, 2021, assigning Manh Duc Company Limited as the investor. According to the approved decision, Que Vo III Industrial Park Phase 2 has a scale of 208.54 hectares with a total investment capital of over VND 2,779 billion. The project lies in Viet Hung commune, Phu Luong commune, and Que Tan commune, Que Vo district, Bac Ninh Province. The project’s operational duration is 50 years (from 2021 to 2071). The Bac Ninh Provincial People’s Committee officially established Que Vo III Industrial Park – Zone 2 on April 12, 2021, as per Decision No. 129/QD-UBND dated April 12, 2021.
Geographical location of Que Vo III Industrial Park Phase 2:
Que Vo III Industrial Park Phase 2 lies in Viet Hung commune, Que Vo district, Bac Ninh province (adjacent to Hanoi). The industrial park is located in the geographical center of the Que Vo district (between Que Vo Industrial Park 1 and Que Vo Industrial Park 2), along National Highway 18…
Strategically positioned, Que Vo III Industrial Park Phase 2, Zone 2 has a direct connection to National Highway 17, leading to the central gateway of Bac Ninh city. Additionally, it offers convenient access to National Highway 1A and National Highway 18. It is:
50 km from the center of Hanoi and 13 km from the center of Bac Ninh city.
46 km from Noi Bai International Airport.
100 km from Dinh Vu Port.
14.8 km from Bac Ninh Railway Station.
34 km from Hai Duong city.
25 km from the Samsung Bac Ninh factory.
86 km from Hai Phong Port.
102 km from Cai Lan Port.
Welcome gate of Que Vo III Industrial Park Phase 2 – Bac Ninh – TTTFIC Group
The infrastructure of Que Vo III Industrial Park Phase 2:
Internal transportation system:
The main entrance road of the industrial park is 43.5 meters wide, with a road surface width of 22.5 meters. Additionally, the second main axis of the industrial park, Route 398, has a width of 36 meters and a road surface width of 15 meters. The branch roads within the industrial park vary in width, ranging from 22.5 meters to 58.5 meters, and their road surface widths range from 11.25 meters to 22.5 meters.
Electric power supply system in Que Vo III Industrial Park Phase 2 :
An internal 110kV/22kV transformer station with a capacity of 2×63 MVA facilitates the production power supply in Que Vo III Industrial Park. The 22kV lines connect each plot of land within the industrial park, and the connections can be further extended based on the investors’ requirements.
Water supply system:
The water treatment plant in Que Vo III Industrial Park utilizes surface water from the Cau River. The processing capacity of the plant is 16,000 m3/day. It also adheres to the quality standards mandated by the Ministry of Health for domestic water usage. The industrial park designs the water supply pipes in a loop configuration. This design ensures a consistent and reliable water supply to all factories within the park.
Wastewater treatment system:
The centralized wastewater treatment plant within Que Vo III Industrial Park – Zone 2 will collect and treat industrial wastewater. The industrial park will discharge the treated wastewater into the environment… The processing capacity of the centralized wastewater treatment plant is 12,000 m3/day. It can treat wastewater from column C to column A by Vietnamese technical standards.
Communication system:
Providers install postal and telecommunication services in the industrial park according to the operational needs of businesses.
Firefighting system:
The fire protection water supply system in the industrial park interconnects with the clean water production system. Strategic placement of fire hydrants along the transportation routes within the park ensures a service radius of 150 meters per hydrant. This setup effectively enhances fire prevention and response capabilities within the industrial park.
Other infrastructure facilities:
The industrial park has an equipped solid waste treatment system to handle waste disposal… Additionally, it has an independent stormwater drainage system that is separate from the wastewater collection and treatment system. The road infrastructure within the park is fully developed, accompanied by greenery, landscape features, and lighting equipment, creating a pleasant environment.
Master plan map of Que Vo III Industrial Park Phase 2 – Bac Ninh – TTTFIC Group
Investment-Attractive Industries:
Que Vo III Industrial Park Phase 2 is planned as a concentrated industrial zone. It primarily attracts industries that generate minimal harmful pollution, such as:
Agro-processing and food industry.
Light industry.
Mechanical assembly and electronics industry.
High-end consumer goods manufacturing industry.
Construction materials manufacturing industry.
Investment Costs:
The People’s Committee of Bac Ninh Province determines the land rental prices in Que Vo III Industrial Park Phase 2.
The infrastructure rental prices are approximately 115 USD per square meter.
The electricity price in the industrial park is around 0.1 USD per kilowatt-hour.
The water price starts at 13,000 VNĐ per cubic meter (excluding VAT).
Estimated labor costs in Zone 2 are 250 USD and above.
The wastewater treatment fees (excluding VAT) are as follows:
Tier A: From 0.17 USD per cubic meter
Tier B: From 0.45 USD per cubic meter
Tier C: From 0.5 USD per cubic meter
The management fee for the industrial park is 0.45 USD per square meter per year.
These pricing details play a crucial role in providing transparency and facilitating the business operations of companies within Que Vo III Industrial Park Phase 2.
Investment incentives:
Enterprises can avail themselves of specific tax advantages as outlined in Decree No. 218/2013/NĐ-CP issued on December 26, 2013. Additionally, they can also benefit from tax advantages stated in Decree No. 12/2015/NĐ-CP.
Enterprises that meet the qualifications are granted a full exemption from income tax for the initial 2 years. They also receive a 50% reduction in income tax for the subsequent 4 years.
Export-oriented enterprises situated in industrial zones (in compliance with Vietnamese legislation) are exempted from VAT.
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
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