Que Vo II Industrial Park: Leveraging strategic advantages to attract investors

With its strategic location, well-planned industrial land bank, and commitment to sustainable development, Que Vo II Industrial Park – Phase 1 is contributing to the supply of high-quality industrial land in Bac Ninh Province.

A Strategic vision backed by a prime location

Que Vo II Industrial Park – Phase 1 covers a total planned area of 269.48 hectares, including more than 187.4 hectares of leasable industrial land. This substantial scale provides ample space for multinational corporations and large supporting-industry enterprises to establish long-term supply chain operations.

However, the park's attractiveness lies not only in its size but also in its strategically advantageous location within a key regional economic corridor. Situated adjacent to major transportation routes, Que Vo II Industrial Park – Phase 1 enables businesses to optimize the transportation of raw materials and finished products while reducing logistics costs and lead times.

From the industrial park, goods can be efficiently connected to international seaports in Hai Phong and Quang Ninh, Noi Bai International Airport, as well as Northern Vietnam border gateways.

Positioned to capture the next wave of investment

This strategic location allows Que Vo II Industrial Park – Phase 1 to capitalize on the continuing shift of foreign direct investment (FDI) into Vietnam, particularly in high-tech manufacturing, electronics, semiconductors, and precision engineering.

The combination of Bac Ninh Province's long-term development vision and IDICO-QUEVO's infrastructure development capabilities has transformed the project into a prime investment destination and a magnet for major domestic and international investors.

Infrastructure utilized effectively

As of the end of the first quarter of 2026, a total of 129.3 hectares of industrial land had been leased and put into operation at Que Vo II Industrial Park.

More than 60 enterprises are currently operating manufacturing facilities within the park, resulting in an occupancy rate of 63.5%. These companies originate from South Korea, Singapore, China, Taiwan (China), and Vietnam.

The industrial park has generated significant employment opportunities while contributing directly to Bac Ninh Province's export turnover and budget revenues.

These achievements demonstrate that IDICO-QUEVO offers more than just industrial land. The company has developed a comprehensive infrastructure ecosystem, including power supply, water systems, wastewater treatment facilities, and legal support services, enabling investors to establish and commence operations with confidence and efficiency.

Addressing industrial land scarcity: A future-ready strategy

As FDI inflows into Vietnam continue to rise, the availability of clean industrial land with completed infrastructure in strategic locations such as Bac Ninh is becoming increasingly limited.

Many major investors entering Vietnam face a common challenge: despite having capital and technology, they often encounter lengthy delays caused by land clearance and site preparation processes.

Recognizing this bottleneck, IDICO-QUEVO has adopted a proactive and flexible development strategy.

Currently, approximately 4.5 hectares of industrial land are immediately available for handover. This ready-to-use land bank can promptly meet the needs of manufacturers seeking to establish facilities within the first half of 2026 to meet global production schedules.

To prepare for a stronger wave of investment in late 2026 and beyond, the company is accelerating infrastructure development across the project.

According to its development plan, approximately 42.3 hectares of additional industrial land will become available in the third quarter of 2026. By proactively preparing a clean and fully serviced land bank, the company provides investors with greater flexibility while supporting the expansion plans of existing tenants.

Sustainable development: The core value of IDICO-QUEVO

In today's industrial landscape, the success of an industrial park is no longer measured solely by occupancy rates. Increasingly, sustainability indicators, green growth, and circular economy principles have become key benchmarks.

This development philosophy aligns closely with IDICO-QUEVO's long-term vision. As infrastructure development progresses, IDICO-QUEVO aims to build Que Vo II Industrial Park into a green, clean, and sustainable industrial ecosystem through the following:

Advanced technical infrastructure: The company is investing in modern wastewater treatment facilities that meet international standards, implementing strict controls on emissions and industrial waste, and optimizing energy efficiency throughout the park.

Comprehensive service ecosystem: IDICO-QUEVO is creating a safe working environment with extensive green spaces and integrated support services, contributing to Vietnam's commitment to achieving net zero emissions.

This systematic approach has positioned Que Vo II Industrial Park as one of the preferred destinations for major FDI corporations from Europe, the United States, Japan, and South Korea, where environmental protection and sustainable development are considered equally important as economic performance.

Supporting the local investment environment

Regardless of its scale, no industrial project can succeed without a favorable investment climate and strong support from local authorities.

Throughout the project's development, IDICO-QUEVO has highly appreciated Bac Ninh's investment environment, which is widely recognized as one of the most dynamic and transparent among Vietnamese provinces.

The support provided by the Provincial People's Committee, government departments, local authorities, and particularly the Bac Ninh Industrial Zones Authority extends beyond administrative procedures. It is reflected in practical efforts to resolve challenges directly on the ground.

This support has been especially important in compensation and land clearance activities, often the most complex stage of any infrastructure project. Government agencies have proactively coordinated with the company to engage local communities, organize open dialogues, address concerns, and build consensus based on the principle of balancing the interests of the State, businesses, and local residents.

Looking ahead, while continuing to complete infrastructure within the industrial park, IDICO-QUEVO hopes to receive continued support from relevant authorities in developing synchronized external transportation and connectivity infrastructure surrounding the project.

Looking back on its achievements and future direction, Que Vo II Industrial Park – Phase 1 represents more than the infrastructure business of a single enterprise. It stands as a practical example of modern development thinking, where economic growth goes hand in hand with environmental responsibility.

IDICO-QUEVO's commitment to legal compliance, environmental stewardship and long-term partnership with investors provides a solid foundation for Bac Ninh Province's ambition to become a modern, sustainable and globally competitive industrial city