(Nikkei) Lego to build $1 b factory in Vietnam. Why not in Legoland Malaysia ?

Unic0rn

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The LEGO Group today 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 include investments in solar energy generation.

The LEGO Group will invest more than US $1 billion in the 44-hectare site in the Binh Duong Province around 50km from Ho Chi Minh City and create up to 4,000 jobs over the next 15 years.


Construction is set to begin in the second half of 2022 and production is due to start during 2024.

No wonder, the foreign direct investment is backed by SG for the stability, quality and skilled labor etc mark of quality!
 

Architeck

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https://www.lego.com/en-id/aboutus/news/2021/december/new-factory-in-vietnam/
The LEGO Group today 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 include investments in solar energy generation.

PAP huat ah!
Screenshot-2021-12-21-14-08-19-00.png
 

Daty41

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communist gov stable, bribe 1 gov can last many years.....Malaysia can swing either way anytime, need to keep bribing new Gov ...later 5 years down the road, Mahathir comes back to power again, cancel every project
 

Architeck

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communist gov stable, bribe 1 gov can last many years.....Malaysia can swing either way anytime, need to keep bribing new Gov ...later 5 years down the road, Mahathir comes back to power again, cancel every project
Businesses don't like uncertainty.

You can see why there is so much global investment in SG.
 

buffybuffy

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Make no difference as their quantity dropped so much that they many different shades of red/yellow/blue/green. Grey will fade and turned yellowish. Last time in 80s, you built a Lego wall, you can’t see any gap. Now, you see gaps.
 

Krabs.

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dunno about quality , i haven't bought any set in the last 8 years :o
 
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