Microsoft Starts Construction on Shanghai Science and Technology Park
April 11, 2010
Microsoft started construction on the first
phase of its Science and Technology Park in Shanghai on March 31, according to
a Shanghai Daily report. Microsoft's Shanghai Science and Technology Park is
located in the Zizhu Science-based Industrial Park and hires a staff of around
1,500 at present. As Microsoft's first development and technology service park
outside the United States, this facility involves an investment of about 700
million RMB (US$102.9 million; US$1=6.8 RMB). While the first-phase project covers
a floor space of 55,000 square meters, the entire project is expected to cover
a total of 96,000 square meters upon completion and is able to accommodate over
7,000 employees.