The LEGO GROUP SIGNS A COOPERATION WITH COTECCONS TO BUILD LEGO FACTORY IN VIETNAM

Ho Chi Minh City, August, 2022, Coteccons Construction Joint Stock Company and LEGO Manufacturing Vietnam Limited Company held a signing ceremony of cooperation on the implementation of the construction of the LEGO® factory in Vietnam; LMV at VSIP III Industrial Park, Binh Duong. Accordingly, Coteccons is awarded as the General Contractor for the full completion of all works including all site development and building works in Streams 1-5, a total of approximately 163,000 m² (GFA).

 

The area to include an Outbuilt Office Building, an Energy Center, a Moulding and Services Building, a Packing Facility, a High Bay Warehouse, and the entire outdoor infrastructure, ring utilities, parking space, landscaping and other functional buildings.

Mr. Chris Senekki – The Deputy CEO of Coteccons – who has joined the project since the beginning expressed: “We are delighted to have been nominated as LEGO Manufacturing Vietnam’s preferred Contractor.  The LEGO Project team set out a very well and professionally managed procurement process. During the time working on this project, Coteccons performed very well consistently, with honesty, integrity and transparency to meet the high demands of LMV team, especially at the sustainability aspect.  Though the project is very challenging, Coteccons team is very excited to commence the next part of this journey and as one team with LEGO, deliver an exceptional project!”

The LEGO Manufacturing Vietnam (LMV) Factory will be a world-class flagship for the LEGO factory workplace experience and showcase a unique work environment that is caring, inclusive, inspiring and brimming with LEGO DNA and signature experiences.

“The LMV Factory will be the first production site to showcase our new Future Factory Workplace concept, which builds on a year of collecting insights and wishes from the LEGO Group’s existing production sites and providing a compelling vision for our future factory workplaces that reflects our company values and aspirations. This global concept will then be contextualized to reflect the local culture and needs specific to the LMV site. After 8 months of the tendering process, we are very happy to work with Coteccons – a partner that share the same values and purpose in this signature project to create our very important milestone for the future” Mr. Preben ELNEF, The LEGO Group Vice President & General Director LMV shared about the project.

In March 2022, LEGO Group was officially licensed to invest in a factory project with an investment value of 1 billion USD in Binh Duong province. The factory will be built on an area of 44 hectares in the VSIP III industrial park. This is the 6th factory of the LEGO Group globally, the 2nd in Asia and the project with the largest investment capital by a Danish enterprise in Vietnam.

“Coteccons is honored to cooperate with LMV to build a factory of the future in Vietnam. At Coteccons, we are constantly striving to create a better tomorrow and to make impacts that sustainable for the next generation.  The LEGO Group and Coteccons have the same belief of ‘BUILDING’, we build miracles from the connection of bricks and blocks. With those values, I strongly believe The LEGO Manufacturing Vietnam Factory will be the next iconic of Coteccons in our journey of Building Futures and pave the way to the international market”. – Mr. Vo Hoang Lam – CEO of Coteccons Construction Joint Stock Company.

The LEGO Manufacturing Vietnam factory project is expected to be launched in the last quarter of 2022 and start operating in 2024.

About the LEGO Group

The LEGO Group’s mission is to inspire and develop the builders of tomorrow through the power of play. The LEGO System in Play, with its foundation in LEGO bricks, allows children and fans to build and rebuild anything they can imagine. The LEGO Group was founded in Billund, Denmark in 1932 by Ole Kirk Kristiansen, its name is derived from the two Danish words LEg GOdt, which means “Play Well”. Today, the LEGO Group remains a family-owned company headquartered in Billund. However, its products are now sold in more than 130 countries worldwide. For more news from the LEGO Group, and information about our financial performance and responsibility engagement, please visit www.LEGO.com/aboutus.

About Coteccons Construction Joint Stock Company

Established in 2004, Coteccons is a leading construction company in Vietnam. The company has grown both in size and reputation in implementing world-class projects with diverse services and fields such as Residential, Commercial, Hotel, Infrastructure and Industrial. By investing in modern construction practices and management techniques to ensure that, Coteccons remains at the cutting edge of the industry with 4 unique values called “COTECCONS INSIDE” including (1) Eco-friendly solutions; (2) Diversity: wide and experienced technical capacity; (3) Comfort & convenience services/products; (4) Additional value-added services for our clients.

 

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Quang Binh, February 2, 2023 The Green Up 2023 tree planting project is officially launched by Coteccons Construction Joint Stock Company, in collaboration with local agencies and departments. Initially, Coteccons will plant 8,000 special-use forest trees in the buffer zone to protect the white-necked langur population in Thach Hoa commune, Tuyen Hoa district, and Quang Binh province with a total investment of 1 billion VND. This is the next step of the Green Up project: planting trees for the future of Coteccons and fulfilling the commitment to plant 10,000 trees after the Coteccons Quang Binh Marathon organized by Coteccons in early August 2022. With the commitment, Coteccons will plant 1 tree in Vietnam’s greening journey for every 5 km completed by athletes in the race, at the Prime Minister’s request. Mr. Mai Xuan Hap, Deputy Director of the Department of Agriculture and Rural Development of Quang Binh Province, said: “In 2022, Quang Binh’s forest cover will reach 67.8%. We greatly appreciate Coteccons for taking many initiatives and participating in many tree planting activities in Quang Binh province, demonstrating their responsible role for the environment. Coteccons is again implementing a very meaningful project of afforestation at the Langur Langur Sanctuary in Thach Hoa, Tuyen Hoa, which not only improves the landscape value and biodiversity but also increases the forest cover. They bring social, economic, and environmental benefits.” The white-necked langur, scientifically known as Trachypithecus Hatinhensis, belongs to the order of primates, the IB group, and is extremely rare and endangered

Construction workers are a priority in the sustainability strategy. According to data from the Ministry of Labor, War Invalids, and Social Affairs, the country has about 7 million construction workers, accounting for 13.5% of the workforce aged 15 and over. Especially, in the construction industry, construction workers are the important people contributing to the creation of iconic projects and works. With the direction of sustainable development, besides taking care of people in difficult circumstances and responding to climate change and community issues, Coteccons realizes that its own employees, construction workers, are also a sector that has received little attention in society. Therefore, Coteccons has decided to launch the “Xay Tet—Construct Tet” program in order to bring a warmer and better Tet to 12,000 construction workers who are working for subcontractors and suppliers at Coteccons’s construction sites. The program will visit nearly 60 construction sites across the country starting on January 4, 2023. Coteccons understands that each construction worker has made great efforts to build solid, safe works and always ensure the progress. That is the reason that accelerates Coteccons to give them and their family gifts, to join hands to build a fuller Tet for all! Besides gift sets for 12,000 workers, the program also organizes meaningful activities such as cutting hair at the construction site, taking souvenir photos, giving free rides back to their hometowns, etc. All these activities are intended to bring short relaxation time to workers during the busy days of running progress on the construction

The working environment takes up most of the living space of staff, especially when it comes to civil engineers, who work specifically at construction sites every day. Green Day activities are organized every Friday to keep the construction site ‘green’, thus creating a clean working environment. Everyone from the Site Management Board to the Subcontractors is engaged in common work like cleaning and garbage collection. This Green Day activity partly helps each other relieve work pressure, creates a cohesive atmosphere, and above all raises awareness of protecting the living environment – a “green, clean, beautiful and safe” construction site. Following the “Green Friday”, Ixora Ho Tram tries to maintain the habit of cleaning ‘house’ every Thursday from 07:00 to 07:40. Mr. Ngoc Hao – Site Manager and members of the Site Management Board all rolled up their sleeves to collect garbage, and plastic bottles to help protect the environment while providing a clean and tidy working space for the Ixora Ho Tram project. With Green Day activities, Le Meridien Resort & Spa and Ixora Ho Tram hope to spread the message “Green – Clean – Safe” – “Green Office” to other construction sites of Coteccons.

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