New Zealand toy company ZURU to build 4.0 industrial centre in Vietnam

June 17, 2018 | 10:38

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ZURU Company lauded Vietnam’s development potential and human resources when choosing it as its next investment destination.

new zealand toy company zuru to build 40 industrial centre in vietnam

New Zealand’s ZURU confirming the determination of investing in Vietnam

At the meeting with Prime Minister Nguyen Xuan Phuc on June 14, Mathew Mowbray, chief executive officer of New Zealand’s ZURU Company, the 13^th ranking toy company in the world, presented his concept and intention of investing in Vietnam.

The company wants to invest into construction using modern and environmentally friendly technology. He also affirmed applying Industry 4.0 solutions to improve quality and reduce costs. He intends to develop a 4.0 industrial centre in Vietnam to capitalise on the young population, abundant human resources, and development potential.

PM Phuc welcomed ZURU's business concept and believed that the cutting-edge technology and environmentally friendly projects will be successful in the country. The PM promised to facilitate the company to invest and do the business in the country.

ZURU could use Vietnam as a base to reach out to larger markets, relying on Vietnam’s numerous free trade agreements.

ZURU is a disruptive and award-winning company that designs, develops, manufactures, and markets innovative toys. Inspired by kids and imaginative play, ZURU is one of the fastest growing toy companies.

ZURU's partners are leading entertainment properties, including Nickelodeon, Disney, Universal Studios, and DreamWorks. The company is also successfully building its own global brands, such as Bunch O Balloons, X-Shot, Robo Alive, Micro Boats, and Hamsters in a House.

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