Editor’s Note
Pandora has broken ground on a $150 million jewelry factory in Binh Duong’s VSIP III Industrial Park, marking a major investment in Vietnam’s manufacturing sector. The facility is expected to begin operations soon, strengthening the Danish brand’s global supply chain.
Pandora Builds $150 Million Jewelry Factory in Binh Duong
The Pandora Production Vietnam jewelry factory, financed by Denmark, broke ground on May 16 in the Vietnam – Singapore III Industrial Park (VSIP III) located in Tân Uyên city, southern Binh Duong province.
>> Pandora (Denmark) to build $100 million factory in Vietnam
A Pandora representative stated that the choice of Vietnam as an investment location is due to the country’s attractive investment environment. The VSIP III industrial park boasts excellent transportation infrastructure, essential for this export-oriented group. Pandora’s investment in the country aims to set new global standards in the jewelry industry in terms of ecological footprint, recycling, and CO2 emissions.
During the event, the Chairman of the Binh Duong Provincial People’s Committee, Vo Van Minh, promised to create the most favorable conditions for Pandora Production Vietnam’s operations.
On the same day, Provincial People’s Committee Chairman Vo Van Minh met with Pandora CEO Alexander Lacik, who affirmed that the factory would use cutting-edge technology.
The provincial official emphasized that Binh Duong encourages the development of rooftop solar energy in its industrial parks…
VNA/CVN