- TK Elevator secures orders for a total of 185 units in
Egypt's New Administrative
Capital.
- The National Bank of Kuwait
and Misr Italia Properties chose to partner with TKE to support
their respective projects in the new capital.
- These prominent partnerships in the Middle East region demonstrate TKE's
capability to deliver innovative and reliable urban mobility
solutions for the growth of future cities.
DÜSSELDORF, Germany, Feb. 21,
2025 /PRNewswire/ -- TK Elevator (TKE), a global
leader in vertical transportation and urban mobility, has secured
orders for a total of 185 elevator units with two strategic
collaborations in Egypt's New
Administrative Capital. This includes a milestone contract win with
a returning customer, the National Bank of Kuwait (NBK), and a new customer win with Misr
Italia Properties for its luxury boutique development, Vinci
– COMO Lakes. These project wins underscore TKE's reputation
for supporting customer success through urban renewal and expansion
with innovative mobility solutions that are essential for future
urban life.
In 2019, TK Elevator supplied the NBK's corporate headquarters
in Kuwait City with 10 sets of
TWIN systems and other mobility solutions. For this new project,
the Bank ordered a total of 17 units of enta300 and meta100
elevators for its country head office in Egypt's New Administrative Capital.
Misr Italia Properties, a leading real estate developer in
Egypt known for its dynamic
projects, is set to develop Vinci – COMO Lakes, a luxury boutique
development in the residential heart of the new capital. The
community will feature high-end villas with exceptional,
sustainable designs, and 40 TKE elevators in the first phase of the
development.
The New Administrative Capital is projected to be a significant
growth driver for Egypt, with
plans to include a new presidential palace, a new parliament
building, areas dedicated to foreign embassies and government
administrations, as well as various districts for business,
finance, arts and culture, and an expansive green park. TK
Elevator's selection to support the mobility needs of these
prominent customers for key strategic projects is a testament to
TKE's achievements in the dynamic Middle
East region.
"TKE offers a full range of urban mobility innovation, from
products, solutions and service that serve as the essential
backbone for transformative projects like Egypt's New Administrative Capital," said
Jürgen Böhler, CEO Asia Pacific at TK Elevator. "As cities evolve
and expand, our technology is essential for seamless accessibility
and connectivity, enabling them to move beyond."
"We are thrilled to bring TK Elevator's urban mobility solutions
to the New Administrative Capital in Egypt," said Ahmed
Alaa, Managing Director at TK Elevator Egypt. "It is a
pleasure to collaborate once again with the National Bank of
Kuwait on its new head office, and
we look forward to seeing the development of Vinci – COMO
Lakes come to fruition. Elevators, escalators and moving
walks are essential components for future cities. We remain
dedicated to supporting urban renewal and expansion through our
transformative engineering and services, ensuring that people can
move swiftly and safely in their daily lives."
ABOUT TK ELEVATOR
TK Elevator (TKE) is a global leader in vertical transportation
and urban mobility. We provide engineering that keeps the world
moving, from design to installation and maintenance on any brand of
elevators, escalators, walkways, lifts, passenger boarding bridges,
stairlifts, platform lifts and home elevators – any place and any
time. With our digital solutions like AGILE and the IoT platform,
MAX, there are no longer any limits to urban mobility. TK Elevator
became independent following its separation from the thyssenkrupp
group in 2020. The company achieved sales of €9.3 billion in fiscal
year 2023/2024. With around 50,000 employees, 25,000 service
technicians and over 1,000 support centers globally, we are moved
by what moves people. TKE – Move Beyond.
PRESS IMAGES
can be downloaded here (Source: Haytham – stock.adobe.com).
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