The CDO business hub enables Bosch to increase its proximity to its customers by providing showroom areas, training, sales and after-sales support for Bosch products and solutions across every Bosch division present in the Philippines namely Power Tools, Automotive Aftermarket, Security Systems, Thermotechnology and Drive & Control.
“We are excited to be in CDO at this particular time when the city needs partners that can su0port them in their vision to transform Mindanao into an economic powerhouse within the Philippines,” said Martin Hayes, Bosch Southeast Asia President during the ribbon cutting last Friday. “Our presence in CDO enables us to take active participation in the exciting growth opportunities in this region.”
With a population nearing 700,000 in CDO, the demand for motor vehicles in this region has risen steadily alongside an ongoing property development boom, thus the presence of the Automotive Aftermarket division.
Meanwhile, the Power Tools division provides construction equipment to the booming realty and industrial sector here, while the Security Systems division ensures safety of these premises through fire and surveillance systems.
The vibrancy of CDO, the capital of Northern Mindanao, across all sectors has contributed greatly to the nation’s economic development agenda for the past two decades or so.
“Our objective is to establish closer proximity to customers and this is exactly what we achieved after we opened our business hubs in Davao and Manila,” Mr. Hayes added.
In fiscal year 2015, Bosch generated US$50 million in consolidated sales in the Philippines.