Lately, Lego has announced its further plans to make a new manufacturing operation in Vietnam to keep up with the growing demand for its products in Asia.
The toymaking giant said it’ll invest further than $ 1bn (£ 760m) in the design, which will be near the country’s main business mecca of Ho Chi Minh City.
It’ll be the Danish company’s alternate plant in Asia after it opened a factory in China five times alone.
The establishment has seen double- number growth in the region since 2019.
“We’re veritably thankful for the support of the Vietnamese government in helping us achieve our ambition to make our first carbon-neutral plant,” Lego’s principal operations officer Carsten Rasmussen said in a statement.
Construction on the point is due to start coming time, with plans to match its energy consumption with solar panels on its roof and a near ranch.
Product at the factory is set to begin in 2024 and is anticipated to produce up to jobs over the coming 15 times.
It’s the rearmost development in Lego’s decade-long strategy of structure product shops close to crucial requests and comes after companies around the world have faced global force chain issues during the coronavirus epidemic.
“This provides the inflexibility to respond snappily to shifts in original consumer demand, shortens the force chain, and reduces the environmental impact of shipping long distances,” the company said.
Although the company also said that its decision to make the factory in Vietnam hadn’t been accelerated by recent force chain dislocations, some experts have said it can be an assignment to other companies floundering to get their products to guests.
“What they are doing is what we should have done a long, long time ago, which is barricaded our bets. However, you’ve got to have druthers,” according to Paula Rosenblum, If you see demand coming from a certain direction.
Still, the once two times have been challenging for some transnational companies with manufacturing installations in Vietnam.