Lego completes 90% of $1.3-bln Vietnam factory, to open in 2025
Danish toymaker Lego has completed 90% of its $1.3-billion plant in Vietnam’s southern province of Binh Duong and aims to launch the factory in early 2025.
Lego announced the updates and started trial production at its “factory milestones celebration” in Binh Duong province on Wednesday, two years after construction began in November 2022.
Lego holds a "Factory Milestones Celebration" ceremony in Binh Duong province, southern Vietnam on November 6, 2024. Photo courtesy of Binh Duong news portal.
The trial production has an annual capacity of 30,000 tons. It is set to take months to ensure official production can fulfill Lego’s strict requirements for its facilities worldwide.
The 44.8-hectare factory in VSIP III Industrial Park also serves eco-friendly targets, including the installation of 12,400 rooftop solar cells totaling 7.34 MWp, according to Lego. The factory is set to employ 4,000 people.
In May, Lego COO Carsten Rasmussen told then Vietnamese Deputy Prime Minister Tran Luu Quang that the toymaker aims to start the Vietnam factory in April 2025. This is the toy giant’s sixth plant and first carbon-neutral facility. It is also Lego's largest overseas investment.
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