Bosch is set to found a research and development (R&D) headquarters in east China’s Shanghai at a cost of €130million.
Construction of the R&D headquarters building in the Hongqiao Linkong Economic Park, has already begun and is expected to be completed by 2010.
Covering an area of 80,000 square meters, the building will be used as a centre of Bosch in China for office use, R&D and training.
Bosch’s combined sales in China reached €200million in 2007.