Construction for the project is set to begin in early 2023 and expected to be operational by the end of 2024.
Jeerasage Puranasamriddhi, Chief Supply Officer of Pandora group, said they have chosen Binh Duong province for the availability of skilled workforce, its infrastructure and proximity to international airports, adding that the enthusiasm, support and strong commitment that the group receives from the local administration was also a reason.
Denmark’s Ambassador to Vietnam, Kim Højlund Christensen, said that this is the second largest Danish project investing in Vietnam in the past five months. It proves that Vietnam has become an attractive destination for Danish investors.
The construction of Pandora's first facility in Vietnam will contribute to further expanding and intensifying close cooperation between the two countries through high quality foreign-invested projects with added value and skilled jobs, he said.
Vice chairman of the provincial People’s Committee Nguyen Van Danh said the local administration is committed to creating the best conditions for the group in building and operating the new facility.