TK Elevator secures major elevator orders in Egypt's New Administrative Capital

Vertical transportation and urban mobility company TK Elevator (TKE) announced on Friday that it has secured orders for 185 elevator units through two strategic collaborations in Egypt's New Administrative Capital.

A returning customer, National Bank of Kuwait (NBK), has ordered 17 enta300 and meta100 elevators for its country head office. NBK previously worked with TKE in 2019, installing TWIN systems and other mobility solutions at its Kuwait City headquarters.

Misr Italia Properties has chosen TKE to supply 40 elevators for the first phase of Vinci - COMO Lakes, a luxury boutique development featuring high-end villas with sustainable designs. This project marks a new partnership between TKE and the real estate developer.

Egypt's New Administrative Capital is expected to drive economic growth with new government, business and cultural districts, alongside significant infrastructure investments. TKE's involvement in these high-profile projects highlights its role in advancing urban mobility across the Middle East.



Published in M2 EquityBites on Friday, 21 February 2025
Copyright (C) 2025, M2 Communications Ltd.


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