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Pandora, the world’s largest jewellery firm by gross sales, will arrange a US$100-million manufacturing facility in Vietnam.
To be located within the Vietnam-Singapore Industrial Park 3 in Binh Duong Province, it is going to be constructed to LEED Gold inexperienced constructing requirements and powered utterly by renewable power.
Development is about to start out in early 2023, and manufacturing by the tip of 2024.
It would rent greater than 6,000 craftspeople and have an annual capability of 60 million items of knickknack.
That is the corporate’s third manufacturing web site and the primary outdoors Thailand.
“We scouted nations all around the world earlier than deciding on Vietnam and Binh Duong Province,” Jeerasage Puranasamriddhi, the corporate’s chief provide officer, stated.
Pandora is a Danish jewellery producer and retailer based in 1982 by Per Enevoldsen.
It sells its merchandise in over 100 markets, and had revenues of $3.5 billion final yr.
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