Otis Saudi Arabia

2018 - Q1 Print

Major contract let; safety promoted to children.

445 Units for Riyadh Metro

Otis is the latest OEM selected to provide a large number of conveyances for Riyadh Metro, one of the world’s biggest construction projects underway in Riyadh, Saudi Arabia, Arabian Business reported. Otis Elevator Co. Saudi Arabia Ltd., a joint venture of Otis and EA Juffali & Brothers of Saudi Arabia, was hired by FAST Consortium (including Samsung and led by Spanish construction group FCC) to supply 256 heavy-duty escalators, 183 elevators and six moving walks for lines four, five and six. The lines include all stations in Riyadh, two train depots and three car-park facilities over 72 km. The machine-room-less elevators by Otis travel at up to 1 mps and include panoramic units.

Otis added that the project “constitutes the backbone of the future public transit system in Riyadh.” With six lines totaling 176 km and 85 metro stations, the network will serve most of the densely populated areas, public facilities, and educational, commercial and medical institutions. It will be connected to King Khalid International Airport and King Abdullah Financial District, in addition to universities and downtown.

Employees Bring Their Kids to Work

Employees of Otis Saudi Arabia (OSA), headquartered in Jeddah, recently hosted their children at work as part of the Employee Engagement and Safety Kids© initiative, OSA Service Sales and Marketing Director Amel Hassaine shared on LinkedIn. The children toured the facilities and enjoyed the Safety Kids audio/visual presentation, which promotes vertical-transportation safety through age-appropriate techniques and terminology. The event drew praise from colleagues, including Patrick Blethon, president of Otis Europe, the Middle East and Africa, who described it as a “fantastic initiative from the Saudi team.” Blethon thanked Hassaine for putting the event together.

Saudi Arabian Vertical-Transportation Company Expanding

Saudi Arabian holding company Mayar Holding, parent of Gulf Elevators & Escalators Co. (GEEC), has had success focusing on the six countries of the Gulf Cooperation Council (GCC), but a regional economic slowdown has the company looking to expand into new markets, Thomson Reuters Zawya reported in December 2017.

Mayar CEO Abdulamajed Alshaikh said the GCC nations — Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Bahrain and Oman — were hit hard by the worldwide decline in oil prices that began in 2014, so his company is broadening its scope into Egypt and Iraq. “Our strategy is to expand and not to rely only on the Gulf markets,” Alshaikh said in an interview. He said the expansion will both reduce business risks and diversify the company’s investment portfolio.

“Egypt and Iraq are big opportunities for growth,” Alshaikh said. Egypt, with the largest population in the Arab world, offers “a very big and promising” investment opportunity, thanks to recent economic reforms. He also finds Iraq to be “a superb market” buoyed by its military progress against the Islamic State insurgency.

GEEC is the exclusive distributor for Japanese elevator brand Fuji in the GCC and other parts of the Middle East, Africa and Europe.