# Shanghai FANUC starts construction of Phase III Intelligent Factory

Shanghai FANUC Robotics Co., Ltd. officially started construction of its Phase III Intelligent Factory in Shanghai Robot Industrial Park on December 2, 2020. The project involves a total investment of about RMB 1.58 billion, covering 431 mu with 300,000 square meters of construction area, and is expected to achieve an annual output value of RMB 10 billion.

- Type: Expansion
- Announced: 2020-12-02
- Where: Shanghai Robot Industrial Park, Baoshan, Shanghai, China
- Value: $241.0M (1.58B CNY)
- Status: under construction
- Capacity: annual output value expected to reach RMB 10 billion
- Products: robots, intelligent machinery
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Shanghai FANUC Robotics Co., Ltd.](https://endata.com/companies/52040.md)
- [Shanghai Electric](https://endata.com/companies/1068.md) (investor)
- [Fanuc](https://endata.com/companies/11003.md) (investor)

## Sources

- [shbsq.gov.cn](https://www.shbsq.gov.cn/shbs/en/newscenter/20201221/286747.html), 2020-12-21: "The phase III Shanghai FANUC Intelligent Factory project, cooperated by the global robot giant FANUC Group and Shanghai Electric Group Company Limited, was officially started on December 2, with the completion of the first pile foundation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
