LEGO Group to build new US$1 billion factory in Việt Nam

HÀ NỘI — The Danish toy production company LEGO Group on December  八 signed a memorandum of understanding with the Vietnam–Singapore Industrial Park Joint Stock Company (VSIP) on the building of a new plant in southern Bình Dương Province. 

Addressing the signing ceremony, Danish Ambassador to Việt Nam Kim Højlund Christensen said it was the largest investment in Việt Nam ever made by a Danish company, showing the confidence and optimism of Danish investors in the future of the important Denmark-Việt Nam partnership.

The LEGO Group will invest more than US$ 一 billion in the construction of its first-ever carbon neutral factory, including investment in solar energy on a  四 四-hectare site in Bình Dương, hoping to generate  四,000 jobs in the next  一 五 years.

The construction is scheduled for the second half of  二0 二 二, and the plant will go into operation two years later.

According to LEGO, the factory will be its sixth manufacturing site in the world and the second in Asia.