Hyundai Elevator Wins Order for 200 Escalators for Harbin Metro Line 3 in China
258 Billion KRW Scale... Accumulated 547 Units Ordered Only from Harbin Subway
[Asia Economy Reporter Yu Je-hoon] Hyundai Elevator has secured an order for 200 escalators to be installed in the Harbin subway in China.
Hyundai Elevator announced on the 17th that it had secured an order for 200 escalators to be installed at 19 stations on Line 3 of the Harbin subway in Heilongjiang Province, China. This is the second achievement in the Chinese public sector following the order of 229 units for Line 2 subway in September. The order amount is approximately 154 million yuan (about 25.8 billion KRW).
Since 2017, Hyundai Elevator has consecutively secured large-scale projects for the Harbin subway, achieving a cumulative total of 547 units at 48 stations to date, solidifying its position as the largest supplier. Hyundai Elevator plans to put full effort into the bidding for 120 escalators for Line 3, scheduled to open in the first half of next year.
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Chae Hong-ryong, head of Hyundai Elevator's China branch, said, "Continuous efforts to enhance quality and service are receiving positive evaluations locally," adding, "Following the completion of a new factory incorporating Fourth Industrial Revolution technologies, we will expand public sector orders in China through continuous product development and innovation."
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