Bac Ninh province is about to have another industrial park of more than 140 hectares, with an investment capital of nearly 1,900 billion VND.

According to information just announced by Kinh Bac Urban Development Corporation, the Que Vo Industrial Park Expansion 2 project has an area of ​​140.34 hectares, located in Mo Dao commune, Yen Gia commune and Phuong Mao ward, Que Vo town, Bac Ninh province.

Illustration photo.

The total investment capital of the project is 1,878 billion VND, the operation period is 50 years from the date of land allocation and land lease by the State.

The project is oriented by Kinh Bac Urban Development Corporation to become a multi-industry, high-tech industrial park, focusing on attracting investment in the fields of electronics, electronic components, and precision mechanics. This is also consistent with the development orientation of Bac Ninh province.

Kinh Bac Urban Development Corporation started doing industrial park real estate in Bac Ninh since 2003, attracting hundreds of FDI projects in the fields of electronics and precision mechanics such as Foxconn, Canon, Goertek, Nippon Zoki, Hanwha Techwin, Mitac... The two Que Vo and Que Vo expanded industrial park projects of this investor have a total area of ​​611 hectares, currently 100% filled.

With the Que Vo Industrial Park 2 expansion, Mr. Dang Thanh Tam's company aims to hand over land to investors this year. Currently, Kinh Bac Urban Development Corporation is speeding up procedures, compensation progress, site clearance and preparing to implement technical infrastructure construction.

In the first three months of this year, Kinh Bac Urban Development Corporation achieved revenue of over VND3,110 billion, an increase of nearly 20 times compared to the same period last year. As a result, the company's after-tax profit reached nearly VND850 billion, while in the first quarter of 2024, it lost about VND76.7 billion. In the first quarter, this investor signed a lease for 68 hectares of land, accounting for more than 30% of industrial park land leases this year.

According to data from market research units, industrial real estate rental prices in the North continued to increase at the beginning of this year. Real estate consulting firm CBRE said that industrial land rental prices in markets such as Hanoi , Hai Phong, Bac Ninh, Hung Yen... increased by 3.7% over the same period, reaching an average of 139 USD per square meter. This increase was concentrated in industrial parks with good occupancy rates, causing investors to adjust rental prices.

Similarly, according to real estate services firm Cushman & Wakefield, some key industrial parks in the North have increased in price by 4-5%, leading to an increase in the average market rental rate.

According to VnExpress

Source: https://baobacgiang.vn/tinh-bac-ninh-sap-co-them-khu-cong-nghiep-rong-hon-140-ha-von-dau-tu-gan-1-900-ty-dong-postid417740.bbg