- Pandora A/S (Denmark) is developing a jewelry manufacturing facility with a total investment of over USD 150 million (~VND 3,750 billion) at VSIP III Industrial Park, Binh Duong.
- The project commenced on May 16, 2024, and is expected to be operational in 2026.
- The factory will operate on 100% renewable energy, target LEED Gold certification, and create approximately 7,000 jobs.
Project details:
- Legal entity: Pandora Production Vietnam Co., Ltd.
- Location: VSIP III Industrial Park, Tan Uyen City, Binh Duong Province
- Scale: 7.5 hectares, total gross floor area of 57,000 m²
- Capacity: approximately 60 million jewelry pieces per year
Key highlights:
- 100% renewable energy usage
- Targeting LEED Gold certification
- Focus on using recycled gold and silver
- Electrical infrastructure utilizes cables from Tai Sin Electric Limited, ensuring high safety and reliability
- Main contractor: Coteccons
- The project is expected to become one of Pandora’s largest jewelry manufacturing facilities globally, contributing to positioning Binh Duong as a global jewelry production hub.
- This is Pandora’s fourth manufacturing facility worldwide and its first production site outside Thailand.
