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Guiyang eyeing elevator business

( chinadaily.com.cn)

Updated: 2015-09-07

The city of Guiyang, Guizhou province has announced plans to expand its industrial scope to include elevators.

The city began construction work on its first elevator manufacturing base recently, at a cost of 510 million yuan ($80 million) for an elevator, escalator, and mechanical parking system production base for the Shanghai Edunburgh Elevator Inc.

The base will be in a modern manufacturing park at Guanshan Lake, on an area of 8.8 hectares, and for an annual production rate of 15,000 elevators within 5 years of completion, with a value of 2-billion yuan.

Shanghai Edunburgh Elevator handles elevator R&D, manufacturing, sales, installation and maintenance, with HQ in the Pujiang Industrial Zone of Shanghai, on a 7000-sq–m space.

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