Where Nordic innovation
meets transatlantic opportunity
Innovation By
Nature
In Iceland, innovation comes naturally, shaped by a people hardwired to adapt and a society deeply rooted in the environment that powers it. K64 embodies this spirit as Iceland’s flagship masterplan for sustainable innovation. Located near Keflavík International Airport (KEF), the nation’s global gateway, it is designed to support high-value industry, circularity and transatlantic trade. With airport-adjacent access, port-linked logistics and the strength of one of the world’s most innovative countries behind it, K64 provides a platform for globally connected growth.
Investing in
Iceland
Globally for talent quality
Up to 35% R&D tax credit for innovation investments
For Global Competitiveness
A GATEWAY TO ICELAND. DESIGNED FOR GLOBAL GROWTH.
Efficient logistics, reliable labour supply and room to scale. K64 sits on the Reykjanes Peninsula, adjacent to Iceland’s primary international airport, minutes from a deep-sea port, and just 40 minutes from Reykjavík city center. That puts it within commuting distance of the majority of Iceland’s workforce, combining global connectivity with dependable access to talent.
Energy that works as hard as
you do
Power your operations with secure, low-carbon energy and long-term cost predictability. In Iceland, renewable electricity supports sustainable scale, helping you meet climate commitments, manage risk and plan for growth with confidence.
Innovation at the edge of continents
Expand across Europe and North America from a single, strategically positioned base. Located at the Atlantic crossroads, K64 gives you transatlantic reach with Nordic stability and ingenuity, strengthening supply chains and reducing geographic risk.
Space to imagine, room to build
Design and scale on your terms. K64 offers flexible, developable land near an international airport and the Reykjavík Capital Region, giving you room to grow with clarity, speed and long-term visibility in a tightly planned Nordic market.
Stability you can count on
Operate within a transparent, rules-based system that supports long-term investment. As a member of the European Economic Area, Iceland’s strong democratic institutions and governance framework provide predictability that protects your strategic horizon.
Talent with global reach
Access a highly educated, English-proficient workforce that is adaptable and internationally minded. Combined with Iceland’s strong lifestyle appeal, this makes it easier to attract and retain the global expertise your growth demands.
Life that inspires work
Offer your teams more than a job. Iceland consistently ranks among the safest and happiest countries in the world, strengthening your employer brand and helping you compete for mobile executive and specialist talent.
K64
Core
Development
Areas
Flexible.
Scalable.
Sustainable.
K64’s development areas organize industrial growth across several distinct zones, each tailored to different operational needs. Together they support circular industry, advanced production and logistics-oriented activity, aligning land availability, infrastructure and energy access within a single long-term masterplan.
K64 Circular
Industries
Designed for companies that require scale, energy security and seamless logistics, K64 Circular Industries is an eco-industrial area within Iceland’s Airport Region, located beside Helguvík deep-sea port and minutes from Keflavík International Airport. Bringing land, infrastructure and renewable energy access together in one integrated district, it supports long-term operational stability.
Plot Size Flexibility
Flexible 5,000–20,000 m² plots, with options to accommodate different operational requirements ready today.
Total Land area
300 hectares in total, with around 180 buildable hectares.
Ideal Use Case
Circular industries, recycling, waste-to-resource operations, sustainable manufacturing, clean energy and port-oriented activities.
K64 Light
Industries
Designed for companies that prioritise operational efficiency, workforce accessibility and ease of implementation, K64 Light Industries comprises established industrial areas a few minutes south of Keflavík International Airport. The area offers established utilities, strong transport links to Reykjavík, and proximity to nearby residential neighbourhoods. By combining ready infrastructure with flexible development options, it supports stable day-to-day operations and scalable growth.
Plot size flexibility
Flexible 2,500-20,000 m² plots across light industrial areas.
Total land area
264 hectares combined (or 115 ha, 109 ha and 40 ha sub-areas).
Ideal use case
Light manufacturing, advanced production, food and bio-based processing, logistics support, technology-driven operations and data-related activities.
K64 Aviation
Hub
Designed for aviation-related operations that require direct integration with airport infrastructure, the Aviation Hub is located adjacent to Keflavík International Airport’s southern apron within Ásbrú Light Industries area. The site combines airside access and established utilities for aviation businesses that depend on operational efficiency and international mobility.
Plot Size Flexibility
Configurable plots within the aviation zone (specific sizes subject to allocation).
Total Land area
30 hectares.
Ideal Use Case
Fixed-base operators (FBOs), hangars, aviation services and aviation-related R&D.
K64 Gateway
Located at the primary entrance to Keflavík International Airport, the Gateway area forms part of the Airport Region’s gateway development area. It integrates airport-facing commercial functions with future cargo and service-related uses, supporting businesses that benefit from high visibility and immediate access to airport infrastructure.
Plot Size Flexibility
Future-planned commercial and airport-support parcels aligned with KEF terminal forecourt development.
Ideal use case
Commercial services, airport-support operations, and cargo-related activities.
Scalable,
flexible plots
with airport adjacency
Within Reykjavík
Capital Region
representing 64% of Iceland's population
Transatlantic location within 3-5 hours
of Europe and North America
who is
already
here?
Current K64
Success Stories
Algalíf
Algalíf, Iceland’s largest producer of microalgae and a global leader in natural astaxanthin, operates a 13,000 m² advanced biotechnology facility at Ásbrú within the K64 development area. Powered entirely by renewable energy, the company has tripled its production capacity in recent years, demonstrating how high-value, science-driven industry is scaling as part of the growing K64 ecosystem.
Verne
Verne has operated sustainable data center facilities at Ásbrú since 2008, providing secure, renewable-energy-powered infrastructure for international high-performance computing clients. With a growing footprint and deep roots in the Suðurnes community, the company demonstrates how globally connected digital infrastructure is scaling as part of the K64 ecosystem.
Aðaltorg
Aðaltorg is a locally rooted real estate development company operating within K64, focused on strengthening services for both the surrounding communities and travelers passing through KEF. By planning new commercial and community-oriented spaces in the Ásbrú area, the company contributes to the growing service ecosystem that supports businesses, residents and visitors within the wider K64 development.
Living in the Capital Region
Safe.
Balanced.
Inspiring.
K64 sits within the Reykjavík Capital Region, about 40 minutes from the city center and a short drive from the smaller municipalities of Reykjanesbær and Suðurnesjabær (population: 25,000). The surrounding Reykjanes Peninsula provides some of the most distinctive geologic and coastal landscapes to everyday life.
Latest
development
status
K64 is active and growing, with established companies already operating in the Light Industries area as well as the open Iceland Eco Business Park at K64 Circular Industries. Local planning at the Berglavík area is nearly complete (anticipated June 2026), enabling new plots for industrial development in the K64 Circular Industries district. With groundwork laid, additional residential units coming to the Ásbrú area, and energy capacity expanding, K64 is actively working on investment inquiries across industries.
Have questions or interested in learning more? Contact us.
Elín Guðnadóttir
Programme Director
invest@kadeco.is