A billion-dollar LEGO factory project in Vietnam

This morning, November 3, the Crown Prince of Denmark Frederik André Henrik Christian, and Permanent Deputy Prime Minister Pham Binh Minh attended the groundbreaking ceremony of the LEGO factory in Binh Duong .
On the morning of November 3, LEGO Group held a groundbreaking ceremony to build a new factory worth 1 billion USD in Binh Duong province, which is the largest investment project ever of a Danish enterprise in Vietnam.

The groundbreaking ceremony was attended by Crown Prince of Denmark Frederik and Permanent Deputy Prime Minister Pham Binh Minh, LEGO Chief Executive Officer Niels Christiansen, Chief Operating Officer Carsten Rasmussen, and representatives of ministries, sectors, and localities. business and community partners.

Leaders of Binh Duong province give flowers to LEGO representatives

Speaking at the ceremony, LEGO General Manager Christiansen said the event marks an important milestone for the group as it is the sixth factory globally and the first carbon-neutral factory of LEGO. A carbon-neutral plant is a compliant plant that commits to eliminating atmospheric emissions equivalent to those emitted by the plant.

LEGO CEO Niels Christiansen speaks at the ceremony

The plant will be equipped with rooftop solar panels and a solar farm will be built on the neighboring land. This combination will meet the plant’s total annual energy use needs and meet its commitment to being carbon neutral.

According to information from the corporation, the factory is built on an area of ​​44 hectares, applying the most advanced technology to mold, process, and package LEGO products. Production is expected to begin in 2024 and the plant will create jobs for 4,000 people over the next 15 years.

LEGO Factory Groundbreaking Ceremony

The plant will also use energy-efficient production equipment and will be built to the minimum standards of LEED Gold – a globally recognized green building certification. These efforts will contribute to the group’s goal of reducing absolute carbon emissions by 37% by 2032 compared to 2019.

In addition, in a community effort, LEGO is committed to contributing $150,000 by the end of 2022 to provide more play-based learning opportunities for local children, building relationships in partnership with Save the Children Vietnam and Blue Dragon Children’s Foundation.

Previously, to promote the project with the desire to soon see LEGO products born in Vietnam, Prime Minister Pham Minh Chinh had a face-to-face meeting with Lego CEO on November 1, 2021, on the right occasion. COP26 conference in the UK.

Then, on December 8, 2021, LEGO Group signed a memorandum of understanding with Vietnam- Singapore Industrial Park Limited Company (VSIP). This is the project with the largest investment capital of Danish investors implemented in Vietnam.

The Crown Prince of Denmark at the groundbreaking ceremony

The groundbreaking event on the morning of November 3 took place within the framework of the official visit to Vietnam by the Crown Prince and Princess of Denmark. The visit is part of the program to celebrate the 50th anniversary of the establishment of diplomatic relations between Vietnam and Denmark, which has been delayed for a year due to the impact of the Covid-19 pandemic

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