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Chủ Nhật, Ngày 20/03/2022, 13:00
Binh Duong grants Investment registration certificate for a project of more than 1 billion USD
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20/03/2022

​PORTAL - On the morning of March 19, at the Groundbreaking Ceremony of Vietnam - Singapore III Industrial Park (VSIP III), Binh Duong Provincial People's Committee granted the Investment Registration Certificate to LEGO Group (Denmark) to build a production factory on an area of 44 ha, with a total investment of more than 1 billion USD under the witness of Prime Minister Pham Minh Chinh.

​Speaking at the ceremony, Prime Minister Pham Minh Chinh affirmed that Binh Duong has been and is one of the leading localities in the country in industrial production, attracting foreign direct investment (FDI). The Prime Minister highly appreciated the efforts of the Party Committee, local authorities and people who have spent a lot of resources, with innovative ways to invest in upgrading and improving infrastructure conditions, especially connected transport infrastructure, industrial and service infrastructure, creating a basic foundation for attracting investment, especially foreign direct investment, in order to promote development, economic and social growth and improve people's living standards. The Prime Minister believed that Binh Duong would develop a breakthrough economy in the coming time, creating a driving force for socio-economic promotion to serve the people and the country.

The Prime Minister suggested the province build a new-generation industrial ecosystem, associated with the development of industry 4.0, contributing to building an independent and self-reliant economy. At the same time, continuing to create favorable conditions to support investors.

 

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Chairman of the Provincial People's Committee Vo Van Minh grants the Investment Registration Certificate to LEGO Group and VSIP Group

Mr. Vo Van Minh - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee committed, the Binh Duong provincial government will create all the best conditions for enterprises during the process of investment and business activities in the province.

 

Provincial leaders present a flower stand from the Provincial Party Committee, People's Council, People's Committee, and Provincial Committee of the Vietnam Fatherland Front to congratulate the ceremony

Speaking at the ceremony, Mr. Preben Elef - Vice President of LEGO Group emphasized, the Granting Investment Registration Certificates Ceremony is the Group's first important milestone, paving the way for the groundbreaking and commencement ceremony of the LEGO factory in Vietnam. This is the largest project from a Danish company in the Vietnam-Danish relationship ever. The Group is committed to making a positive impact on the lives of children - future creators. The project is developed sustainably using rooftop solar and solar fields. The factory in Binh Duong will be the Group's most sustainable factory in the world in terms of design and construction and will be operated with modern equipment; ensuring a safe and quality play experience for all children in Vietnam and across Asia Pacific. The project will create jobs for thousands of skilled workers.

It is known that up to now, there have been 31 domestic and foreign corporations and companies interested in exploring the possibility of production development in VSIP III, equivalent to 176ha of industrial land and 1.8 billion USD of expected investment capital.

On this occasion, the Provincial People's Committee also granted 22 Investment Registration Certificates to enterprises in industrial parks in the province. At the same time, handing over memorandums of understanding to investors.

 

Prime Minister Pham Minh Chinh and leaders of Binh Duong province, VSIP, Becamex IDC take a souvenir photo with investors

 

Handing over memorandums of understanding to investors

 

​​Reported by Mai Xuan- Quoc Chien- Translated by Thanh Tam

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