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Thứ 6, Ngày 17/05/2024, 09:00
Pandora commenced construction on a 150 million USD factory in Binh Duong
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17/05/2024
PORTAL - On the afternoon of May 16th, Pandora Production Viet Nam Co., Ltd. held a factory groundbreaking ceremony at Viet Nam - Singapore Industrial Park III (Tan Uyen City).

​The ceremony was attended by H.E. Mr. Jacob Stenholm Jensen - Minister of Food, Agriculture and Fisheries of Denmark, H.E. Mr. Nicolai Prytz – Ambassador of Denmark to Viet Nam, Ms. Tran Thi Bich Ngoc - Deputy Minister of Planning and Investment, Mr. Vo Van Minh - Deputy Secretary of the Provincial Party Committee, Chairman of Binh Duong Provincial People's Committee (PPC), and leaders of provincial departments and branches.

Pandora (Denmark) is the leading jewelry brand in the world. The Group specializes in designing, manufacturing, and marketing completely handmade jewelry products from high-quality materials at affordable prices. Pandora jewelry is sold in more than 100 countries with 6.800 points of sale.

Pandora's jewelry factory in Viet Nam - Singapore Industrial Park III (VSIP III) has a total investment of about 150 million USD. That was built according to LEED Gold standards - a leading green building certification using only recycled silver and gold and 100% renewable energy. The project will create jobs for more than 7.000 workers with an annual capacity of about 60 million jewelry products.

This is Pandora's 4th facility in the world, and the 3rd production facility built in Asia (besides 02 factories in Thailand).


Mr. Vo Van Minh - Chairman of the PPC (on the right) presented flowers to congratulate the ceremony


Mr. Alexander Lacik (on the left) – General Director of Pandora Group presented flowers to thank Binh Duong Provincial Government for creating favorable conditions for the Group to implement the project

Delivering a speech at the ceremony, Mr. Vo Van Minh - Chairman of the PPC emphasized that this was a memorable event, an important milestone not only for Pandora but also for Binh Duong province in administrative reform efforts, improving the investment environment and implementing green transformation of the economy.

Along with the Lego Group, the presence of Pandora at VSIP III is one of the clear demonstrations of the right choice and direction of Binh Duong province in transforming its economic model. It has received trust and has been chosen as the "destination" of many foreign investors including large economic corporations in the world. Moreover, the presence of Lego in the past and Pandora today has contributed to consolidating, expanding, and strengthening the increasingly close cooperation between Denmark and Viet Nam.

With the total investment and labor demands at the factory, Pandora Production Viet Nam Co., Ltd. has become a leading enterprise in the field of jewelry and accessories manufacturing in Viet Nam. In particular, with a land area of 7.5 hectares, the company can expand its production scale in the future. The Chairman of the PPC believes that Pandora will have many opportunities to operate and develop. Thus, it makes positive contributions to Binh Duong province in particular and Viet Nam in general.

Binh Duong commits to creating the best conditions for the construction of the factory to be implemented smoothly and on schedule. At the same time, they will continue to accompany and support the Company's production and business activities smoothly and effectively after operation.


 

Delegates performed the groundbreaking ceremony for the construction of Pandora's jewelry factory at VSIP III, Tan Uyen City, Binh Duong province


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