Kinh Bac City, an affiliate of industrial park developer Saigon Invest Group, was set up in 2002 and started operations in 2003.
Successfully starting the 1,000-ha Kinh Bac Urban, Industrial and Service Complex in Bac Ninh, the company has diversified operations to construction, urban zone development, real estate trading and workshop leasing. Besides, Kinh Bac is the developer of a series of urban, commercial, hotel and industrial complexes. The list below provides notable projects.
* 300-ha new urban zone in Bac Ninh City: The first phase consists of the 120-ha modern, world-class Phuc Ninh Urban Zone. The project, built on clean, green and safe criteria, is called the heart of Kinh Bac.
* Que Vo Industrial Park: This project consists of the existing Que Vo Industrial Park and expanded Que Vo Industrial Park. Que Vo Industrial Park has a very favourable location with easy access to waterway, airway and road arteries (near National Road 18A, National Road 1B, national north-south railway, 30 km from Noi Bai Airport, 130 km from Cai Lan Port and 110 km from Haiphong Port). The zone is the first combination residential and urban complex, which is expected to be a driver for the development of dynamic Bac Ninh economy and to turn the province into an industrial hub. Thus, the company focused on constructing synchronous and modern infrastructure including roads, factories, offices, and water, electricity and communication systems. To date, Que Vo Industrial Park has attracted big investors from Japan and Taiwan such as Canon, Nippon Steel, Toyo Ink, Misuwa, Foxconn, Mitac and VS Group. Most of the commercial area has been leased. This development is considered an important step in foreign direct investment capital into Bac Ninh province.
After five years, Kinh Bac City has affirmed its solid success in industrial and urban zone development. Especially, its listing on the stock market marked a milestone in the development of the company.