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Title Contract to Supply All Conveyances for Malaysia’s Genting Highlands Enlargement Date 2016-05-31

 

Contract to Supply All Conveyances for Malaysia’s Genting Highlands Enlargement

 

 

Hyundai Elevator captured an order valued at US$ 8.81 million for all the conveyances
needed in a project to expand Genting Highlands, Malaysia’s only casino resort.
By July this year, Hyundai Elevator will install 103 elevators and escalators including high-speed elevators

with a velocity of 5m/s, 4m/s, and 3.5m/s in the expansion for Genting Highlands’ hotel and shopping mall.
Opened in 1971 and located 51 kilometers northeast of Kuala Lumpur, the Malaysian capital,

Genting Highlands ranks as one of the country’s premier tourist spots,
attracting almost 100,000 tourists each weekend. Following the enlargement of its hotel,

casino and shopping mall, the expanded resort will be unveiled in July.
With another round of expansions to Genting Highlands slated for 2017-2018,

Hyundai Elevator intends to secure additional orders by demonstrating its technological

and construction prowess in high-speed models through this project.
In 2013, Hyundai Elevator set up a Malaysian subsidiary to manage sales and

maintenance services in the country for conveyances including elevators,
escalators, and moving walks. Since then, its share of the Malaysian market has been growing,

with high-speed models at the center. Buoyed by rapid growth in the escalator segment,

the company notched a 30% market share in 2015.

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