Hitachi expands elevator, escalator footprint in Vietnam
VOV.VN - Hitachi Ltd, headquartered out of Tokyo, Japan, has announced that it has expanded its footprint into the elevators and escalators sales and services segment in Vietnam with the opening of a wholly owned subsidiary.
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In Vietnam, the reps noted the demand for urban railway systems, hotels, office buildings and residential buildings has been steadily on the upswing due to recent rapid growth of the urban population.
Hitachi Ltd has forecast that the demand for elevators and escalators that enable smooth transfer of people and freight in these metropolitan areas will also robustly grow at more than a 7% per annum rate over the next few years.
The reps added that Hitachi had received an order for 32 sets of elevators and 31 sets of escalators in 2015 for elevated station buildings of the Urban Railway Line 1 in Ho Chi Minh City, which is the first urban railway system in Vietnam.
Following this, the company had begun sales of a new machine-room-less elevator (MRL) for Asia and the Middle East, which has been gradually released since September 2016. Hitachi, with this MRL model, plans to enhance its market share of elevators and escalators in Vietnam.
Hitachi Ltd, delivers innovations that answer society's challenges with their talented team and proven experience in global markets, said the reps. The company's consolidated revenues for fiscal 2014 (ended March 31, 2015), the latest year for which audited figures are available totalled US$81.3 billion.
