Logo of Phnom Penh Post newspaper Phnom Penh Post - Hitachi enters Cambodia’s elevator, escalator market as property business booms

Hitachi enters Cambodia’s elevator, escalator market as property business booms

Content image - Phnom Penh Post
Hitachi Elevator (Cambodia) Co Ltd managing director Sakchai Worrasangasilpa. THE NATION

Hitachi enters Cambodia’s elevator, escalator market as property business booms

The demand for elevators and escalators in Cambodia is increasing by 10 per cent per year, from the 1,500 units of annual demand, Hitachi Elevator (Cambodia) Co Ltd managing director Sakchai Worrasangasilpa said.

This comes as the Cambodian economy has grown between six and seven per cent in the past five years, especially the country’s construction industry, which is seeing increasing investment in office buildings, high-end condominiums and department stores.

“The company is the distributor and installer of elevators and escalators in Phnom Penh, which were produced and imported from Thailand,” Sakchai said.

“Our first project in Cambodia was Aeon mall in the capital. We provided 50 elevators and escalators in the first year, 2016, and this number increased to 100 the following year,” he said.

Sakchai said elevators are considered a new innovation for Cambodians. “Most Cambodians have known about elevators for only five to 10 years, compared to Thais who have used them for more than 40 years.”

The market for elevators and escalators in Cambodia “is open”.

“There is no law, requirement or standard in the distribution and installation of elevators or escalators in the country,” he said.

“The products can be imported freely. Customers purchase them from a variety of distributors, including directly from foreign countries, especially China and Vietnam, which sells elevators and escalators at low prices,” he added.

“Hitachi hopes to sell 150 of these systems this year. And by 2021, the company expects to gain 25 per cent of market share in Cambodia,” Sakchai said.



  • Cambodia on the verge of national tragedy, WHO warns

    The World Health Organisation (WHO) in Cambodia warned that the country had reached another critical point amid a sudden, huge surge in community transmission cases and deaths. “We stand on the brink of a national tragedy because of Covid-19. Despite our best efforts, we are

  • Phnom Penh curfew starts today

    A two-week curfew from 8pm to 5am starts today in Phnom Penh, a day after a sub-decree detailing administrative measures to contain Covid-19 was issued by Prime Minister Hun Sen. “Travelling in Phnom Penh is temporally banned between 8pm and 5am,” said Phnom Penh governor

  • Vaccination open to foreigners in Cambodia

    The Ministry of Health on April 8 issued an announcement on Covid-19 vaccination for foreigners residing and working in Cambodia, directing the Ministry of Labour and Vocational Training and local authorities to register them. Health minister Mam Bun Heng, who is also head of the inter-ministerial

  • Cambodia gears up for muted New Year festival

    The recent curfew and restrictions imposed in the capital and other Covid-19 hotspots were intended to break the chain of transmission, Ministry of Health spokeswoman Or Vandine said as municipal and provincial authorities issued new directives banning certain activities during the upcoming Khmer New Year

  • Culture ministry: Take Tuol Sleng photos down, or else

    The Ministry of Culture and Fine Arts has told Irish photographer Matt Loughrey to take down the photos of Khmer Rouge victims at Tuol Sleng Genocidal Museum which he allegedly colourised and altered to show them smiling. The ministry said Loughrey's work is unacceptable, affecting

  • Covid-19 vaccination now obligatory

    Prime Minister Hun Sen on April 11 issued a sub-decree making Covid-19 vaccination compulsory for individuals unless they have a medical certificate proving they have pre-existing health conditions that prevent them from doing so. «This applies to all members of the armed forces and civil servants