Denmark pours US$100 million into Bình Dương Province & More News Here

VIETNAM, May 13 –  

Pandora, the world’s largest jewelry model, signed a memorandum of understanding to construct a brand new facility in Việt Nam Singapore Industrial Park (VSIP) in Bình Dương Province. — VNA/VNS Photo

BÌNH DƯƠNG — Pandora, a Danish jewelry producer, will make investments US$100 million in constructing a brand new facility within the Việt Nam Singapore Industrial Park (VSIP) within the southern province of Bình Dương, below a memorandum of understanding signed between two sides on Thursday.

The facility will probably be constructed in accordance with the LEED Gold normal, a number one inexperienced constructing certification, and powered by renewable power. It will create jobs for greater than 6,000 individuals and have an annual capability of 60 million items of jewelry.

Construction for the mission is about to start in early 2023 and it’s anticipated to be operational by the top of 2024.

Jeerasage Puranasamriddhi, chief provide officer of Pandora group, mentioned they’ve chosen Bình Dương Province for the provision of expert workforce, its infrastructure and proximity to worldwide airports, including that the keenness, assist and powerful dedication that the group receives from the native administration was additionally a cause.

Denmark’s Ambassador to Việt Nam, Kim Højlund Christensen, mentioned that that is the second-largest Danish mission invested in Việt Nam prior to now 5 months. It proves that Việt Nam has change into a horny vacation spot for Danish buyers.

The building of Pandora’s first facility in Việt Nam will contribute to additional increasing and intensifying shut cooperation between the 2 nations via high-quality foreign-invested initiatives which assist present added worth and expert jobs, he mentioned.

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Deputy Chairman of the provincial People’s Committee Nguyễn Văn Danh mentioned the native administration is dedicated to creating the most effective situations for the group in constructing and working the brand new facility. — VNS

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