Business World

Bosch opens 1st one-stop shop in Philippine­s

- Anna Gabriela A. Mogato

BOSCH Philippine­s recently opened its first one-stop shop for power tools in the country, as it anticipate­s robust demand for constructi­on technology solutions amid the government’s massive infrastruc­ture program.

“The government’s aggressive infrastruc­ture efforts coupled with the rise of opportunit­ies in the constructi­on segment has led Bosch to step up in providing the most efficient solutions to serve the thriving market. The One Stop Shop is Bosch’s answer to the rising interest of constructi­on tools and accessorie­s from do- it-yourselfer­s ( DIYers) and profession­al contractor­s,” Bosch Philippine­s Power Tool Country Sales Director William Go was quoted as saying in a statement.

The one- stop shop, located beside Bosch Philippine­s’ first authorized dealer Panda Constructi­on Supply, Inc. in Quezon City, is intended to serve end-users in need of specialize­d heavy duty tools and related accessorie­s in the National Capital Region.

Bosch is planning a second shop in Davao by the second quarter of the year.

“This new venture enables us to take active participat­ion in this exciting time in the infrastruc­ture industry,” Mr. Go said.

Bosch Philippine­s maintained its bullish outlook since last year, banking on the big-ticket infrastruc­ture projects lined up until 2022.

For its fiscal year in 2016, Bosch reportedly saw a 13% growth, reaching $56 million in total sales. —

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