DSM to build DSM China Campus in Shanghai for R&D and China Headquarters
Royal DSM N.V. announced that it has decided to build a DSM China Campus in the Zhangjiang Hi-Tech Park in the Pudong New Area of Shanghai (PRC). The China Campus will comprise both all Shanghai offices of the DSM (China) Ltd. Holding and several business groups and the R&D labs of DSM in China. The DSM China Campus will initially house about 400 people with the possibility to further expand the facilities in the future. The Campus will be built in the course of the next 18 months and shall be ready by mid 2008.
"Increased presence in emerging economies is a key platform of Vision 2010," said Jan Zuidam, Deputy Chairman of DSM's Managing Board of Directors. "For China our target is to double our sales to more than USD 1 billion by 2010."
Presently, the DSM R&D facility in China is located at the Gonglu site in the northeast of Shanghai and the offices are distributed over three offices in two different downtown buildings. Concentrating these facilities and offices at one location shall have economic and social benefits for the company and its employees.
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