The BMW Group has embarked on an expansion of its FIZ research and Innovation Centre in Munich, by laying the foundation stone for a major expansion under the “FIZ Future” masterplan that will see the centre grow by 50% till 2050.
Bavarian Prime Minister Horst Seehofer, Mayor of Munich Dieter Reiter and Harald Krüger, Chairman of the Board of Management of BMW AG jointly laid the stone for a building complex of 157,000 sq.m that is to be the workplace for almost 5,000 employees once it comes online in 2019.
“Here in Munich, we will be creating the next generations of electrified drive trains, with decisive innovations for the mobility of the future. Focusing on IT and artificial intelligence, this will also be home to a new industry and a new generation of engineers and IT specialists,” according to Harald Krüger, Chairman of the Board of Management of BMW Group. “Today, we are laying the foundation together for our new idea factory. FIZ Future signals our strong commitment to the Munich location and Germany’s innovative strength. We are building the future right here.”
Prime Minister Horst Seehofer: “My congratulations on this far-sighted choice of location. This day will continue a 100-year success story. The mobility of tomorrow is being created right here. The expansion of the BMW Group’s Research and Innovation Centre in Munich is a strong vote of confidence in Bavaria’s future strength.”
Future developments on the site, which is already BMW’s largest facility with almost 1 million sq.m of net floor space, will include administrative, research and workshop facilities, as well as test benches and design studios. The company is earmarking 400 million Euro for the first phase of development.