The German global technology and service provider Bosch Group on April 14 opened a high tech production facility for push-belts used for Continuously Variable Transmission (CVT) in automobiles.

Located on 16 hectares in Long Thanh Industrial Park in the southern province of Dong Nai , the 30-million euro (43.3 million USD) plant is part of the group's Gasoline Systems division.

In the first year of operation, the plant, the first Bosch CVT production site in Southeast Asia , will produce 1.6 million push-belts which can be fitted into vehicles ranging from sub-compact cars to sports utility vehicles with diesel, gasoline or hybrid engines./.