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Pandora Group breaks ground on its $150 million jewelry factory in Binh Duong

Update: 17-05-2024 | 11:19:44

On May 16, at Vietnam - Singapore Industrial Park 3, Pandora Group (Denmark) held a groundbreaking ceremony for Pandora Production Vietnam Factory with an investment capital of US$150 million. The ceremony has the participation of Vo Van Minh, Deputy Secretary of Binh Duong Provincial Party Committee, Chairman of the Provincial People's Committee; Tran Thi Bich Ngoc, Deputy Minister of Planning and Investment. On the Danish side, there was Jacob Stenholm Jensen, Minister of Food, Agriculture and Fisheries.

Delegates perform the groundbreaking ceremony.

According to a representative of Pandora Group, the construction of the Pandora jewelry factory in Binh Duong is one of the proofs of Vietnam's attractiveness. Binh Duong Province and Vietnam - Singapore Industrial Park 3 have good infrastructure and convenient transportation, helping Pandora products easily export to markets around the world.

Speaking at the ceremony, Minh emphasized that together with the Lego Group, the presence of Pandora Group in Vietnam - Singapore Industrial Park 3 is one of the very vivid and clear demonstrations of the right choice and direction of Binh Duong province in transforming its economic strategy. Thereby, Binh Duong earned trust and was chosen as a destination by many foreign investors, including giant economic corporations around the world. The investment in this factory contributes to consolidating, expanding and strengthening the increasingly close cooperation between Vietnam and Denmark...

l Earlier that morning, Vo Van Minh received Alexander Lacik, General Director of Pandora Group, and members of the delegation for a courtesy visit.

Reported by Tieu My - Translated by Ngoc Huynh

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