Modern Lift Systems launches production of elevators and escalators
29/09/2017 14:53
Modern Lift Systems launches production of elevators and escalators
29/09/2017 14:53
Tashkent, Uzbekistan (UzDaily.com) -- An Uzbek-Chinese joint venture Modern Lift Systems launched a production of modern elevators and escalators in Gulistan (Syrdarya region).
According to the UzA agency, the capacity of Modern Lift Systems is 300 elevators, as well as 200 escalators and travolators a year. Next year, production capacity of the enterprise will increase three-fold.
The cost of the project is US$5 million, of which 90% was foreign investment.
Accessories for elevators, escalators and travolators are still imported from China. The bulk of the products will be delivered in the domestic market, and 30% will be exported.
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