Kinh Bac Urban Development Corporation (KBC) has recently received approval for investment in the expanded Que Vo Industrial Park (IP) project, covering 140ha in Bac Ninh. The project has a total investment of 1,878 billion VND and will operate for 50 years, focusing on developing multi-sector infrastructure, mainly in high-tech fields like electronics and precision mechanics. KBC aims to quickly finalize land lease agreements and hand over to investors by 2025. In the first quarter of 2025, KBC reported revenue of nearly 3.117 trillion VND and a net profit of over 849 billion VND, with a target revenue of 10 trillion VND for the year.
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