Lego Invests in a Billion Dollar Factory in Vietnam
In December 2021, the LEGO Group signed a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP) to build a new factory in Vietnam. The facility is planned to be the company’s first carbon-neutral factory and will...
American Luxury Furniture Producer to Construct a New Plant in Vietnam
John-Richard, a luxury home furniture producer, has announced that it will construct a new furniture factory in Binh Duong Province, with a four-building complex totaling 240,000 square feet under one roof. According to John-Richard, the plant will more than double...
Freeport Indonesia to Build Copper Smelter Complex
Freeport Indonesia, a joint venture between US-based Freeport-McMoRan and the Indonesian government, has begun to construct copper smelter and precious metal refinery in Gresik Special Economic Zone, East Java. Worth USD 3 billion, the smelter will be developed on a...