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Logo of Phnom Penh Post newspaper Phnom Penh Post - Hitachi establishes new joint venture for elevators & escalators

Hitachi establishes new joint venture for elevators & escalators

On March 2, Hitachi, Ltd announced the establishment of Hitachi Elevator (Cambodia) Co Ltd. Hitachi Elevator Cambodia is a joint venture between Hitachi and Siam Hitachi Elevator Co Ltd, which is a combintaion of the local subsidiary of Hitachi’s elevator and escalator business in Thailand and CMED group Ltd in Cambodia. Hitachi Elevator Cambodia fosters engineers at the Asia Training Center, which was established by Hitachi and Hitachi building systems Co, Ltd in Thailand in January. The company will provide safe high-quality products and services to Cambodia. The company’s main goal in establishing the joint venture is to spread Hitachi’s business in Asia. As a Hitachi majority-owned company, Hitachi elevator (Cambodia) Co Ltd, will be resopnsible for sales, installation and maintenance services in the country. Looking to establish its presence quickly in the Cmabodian market in order to capitlise on growth, Hitachi also recently delivered elevators and escalators for Royal Phnom Penh Hospital. Photos supplied

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