- 2022-02-14T00:00:00
- Sector Reports
LEGO’s sizeable investment in Binh Duong Province will support water demand over the long term. LEGO has targeted a USD1bn investment to build a factory at the Vietnam-Singapore 3 Industrial Park (VSIP 3). The company aims to break ground in H2 2022 and bring the factory into operation by 2024. We believe BWE (capacity of 750,000 cbm per day) and TDM (capacity of 250,000 cbm day) will benefit from higher residential water demand when new workers migrate to Binh Duong Province to work for LEGO.
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