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Thứ 5, Ngày 09/12/2021, 12:00
LEGO Group (Denmark) invests in building a factory of 1 billion USD in Binh Duong
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09/12/2021

​PORTAL - On the afternoon of December 08, in Hanoi, with the witness of Permanent Deputy Prime Minister Pham Binh Minh, LEGO Group (Denmark) signed a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP) to build a new factory in Binh Duong.

​​On the side of Binh Duong province, attending the signing ceremony were Mr. Nguyen Van Loi - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the Provincial Delegation of National Assembly Deputies; Mr. Vo Van Minh - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Mr. Nguyen Van Hung - Board of DirectorsChairman of Becamex IDC and leaders of VSIP.

The project has a total investment of more than 1 billion USD, is expected to be deployed in the second half of 2022 and start operation in 2024, contributing to creating jobs for about 4,000 workers. This is the project with the largest investment capital implemented by a Danish enterprise in Vietnam.

Permanent Deputy Prime Minister Pham Binh Minh, Danish Ambassador in Vietnam Kim Hojlund Christensen and leaders of Ministries, branches and Binh Duong province witness leaders of LEGO Group and Vietnam Singapore Industrial Park Joint Venture Company Limited VSIP sign a Memorandum of Understanding

It is known that this will be LEGO's 6th factory in the world and 2nd in Asia with the expectation that it will help LEGO expand LEGO's global supply chain network, thereby flexibly and quickly responding to changes in consumer demand in each region, shortening the supply chain and reducing the impact on the environment when transporting long distances. From there, the enterprise can continue to bring fun experiences to many children in the years to come.

LEGO is a large group of Denmark, which was founded in 1932, specializing in the production of toys for the world market. LEGO's toy system, based on LEGO bricks, allows children and players to design and build anything they can imagine. Speaking at the signing ceremony, Mr. Carsten Rasmussen - Chief Operations Officer of LEGO Group said, the Group is looking forward to working with VSIP to build this modern factory, contributing to thousands of new job opportunities as well as indirectly supporting local enterprises and communities.

Reported by Mai Xuan - Van Thuan - Translated by Nguyen Trang

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