Pandora, the world’s largest jewelry model, signed a memorandum of understanding to construct a brand new facility in Vietnam Singapore Industrial Park (VSIP) in Binh Duong province. (Photo: VNA)
Binh Duong (VNA) – Pandora, a Danish jewellery producer, will make investments 100 USD million to construct a brand new facility within the Vietnam
Singapore Industrial Park (VSIP) within the southern province of Binh Duong underneath a
memorandum of understanding signed between two sides on May 12.
The facility will probably be constructed
based on the LEED Gold normal, a number one inexperienced constructing certification,
and powered by renewable power. It will create jobs for greater than 6,000
craftspeople and have an annual capability of 60 million items of bijou.
Construction for the challenge is
set to start in early 2023 and anticipated to be operational by the top
of 2024.
Jeerasage Puranasamriddhi,
Chief Supply Officer of Pandora group, stated they’ve chosen Binh Duong
province for the provision of expert workforce, its infrastructure and
proximity to worldwide airports, including that the passion, help and
robust dedication that the group receives from the native administration was additionally
a cause.
Denmark’s Ambassador to Vietnam,
Kim Højlund Christensen, stated that that is the second largest Danish challenge
investing in Vietnam up to now 5 months. It proves that Vietnam has change into
a horny vacation spot for Danish traders.
The building of Pandora’s
first facility in Vietnam will contribute to additional increasing and intensifying
shut cooperation between the 2 nations by prime quality foreign-invested tasks with added worth and expert jobs, he stated.
Vice chairman of the provincial
People’s Committee Nguyen Van Danh stated the native administration is dedicated to
creating one of the best situations for the group in constructing and working the brand new facility./.
VNA
Denmark pours 100 million USD into Binh Duong province | Business & (*100*) Latest News Update
Denmark pours 100 million USD into Binh Duong province | Business & (*100*) Live News
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