CDC Corporation (CHINA) says it is opening a new development center in Nanjing.

"By choosing Nanjing for this development center, we are tapping into the great resources and rich talent pool of the area," said Peter Yip, CEO of CDC Corporation. "Building on the proven success of our first highly, cost-effective development center in Shanghai, we will more than double our development capabilities in China with the Nanjing facility.

The development center's focus will provide cost-effective development capabilities for CDC Software and CDC Games, and will house up to 2000 staff when complete. For the development operations of CDC Software, the center will focus on software solutions for the company's core vertical industries including bio-technology, pharmaceutical, specialty chemicals and homebuilding, and will work closely with other development centers in India, the Americas, and Europe.

CDC anticipates opening the center in the summer of 2007 and will initially lease more than 1,200 sq m of space. That space requirement is expected to grow when the company completes its staffing over the next year. The Nanjing government is providing the land parcel located within Nanjing Hi-tech Zone and is close to major transportation outlets such as the planned subway, river crossing tunnel and the international airport.

"We are delighted that one of China's most successful technology companies is opening a major development center in our city," said Wu Jian, chief of Nanjing Hi-tech Zone. "CDC is committed to the prosperity of Nanjing by bringing new resources and jobs to the area. In turn, CDC has the opportunity to recruit highly qualified technical professionals, as well as leverage the major research capabilities of the universities nearby."


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