The People's Committee of Bac Ninh province has just issued a decision approving the investment policy and the investor.
Accordingly, the investor is Kinh Bac Service Joint Stock Company. Head office address: Lot B7, Que Vo Industrial Park, Phuong Lieu Ward, Que Vo Town, Bac Ninh Province, Vietnam.
Project name: Investment in construction and business of infrastructure of Minh Duc - Thuong Lan - Ngoc Thien Industrial Park, phase 1.
Project objective: Investing in construction and completion of technical infrastructure system of industrial park to create land fund for re-lease; commercial service business and other related auxiliary infrastructure items in industrial park according to law provisions.
Project land use scale: 163,61 hectares.
Project investment capital: 2.620 billion VND. Of which, investor's contributed capital: 393 billion VND, accounting for 15% of total investment capital. Loan capital and other mobilized capital is 2.227 billion VND, accounting for 85% of total investment capital.
Project duration: 50 years from the date the competent authority decides to approve the investment policy and simultaneously approves the investor.
Project implementation location: Tu Lan ward, Viet Yen ward and Ngoc Thien commune, Bac Ninh province.
Project commencement schedule: Quarter I/2026. Construction schedule of project items: From Quarter I/2026 to Quarter I/2028.
After the merger, Bac Ninh has 33 industrial parks with a total area of more than 10.100 hectares, with an occupancy rate of about 56%.
In the first 9 months of the year, Bac Ninh province has attracted over 15 billion USD in converted investment capital. Of which, 162 new domestic investment projects and 262 FDI projects were granted. In terms of FDI attraction alone, Bac Ninh is currently leading the country.
Also in the first 9 months of the year, Bac Ninh ranked 2nd in the country in terms of export turnover, after Ho Chi Minh City.
Source: Labor Newspaper
