{"id":628313,"date":"2024-07-02T00:00:00","date_gmt":"2024-07-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/tmg-aoi-partner-with-schindler-to-localize-elevator-manufacturing\/"},"modified":"2024-07-02T00:00:00","modified_gmt":"2024-07-02T00:00:00","slug":"tmg-aoi-partner-with-schindler-to-localize-elevator-manufacturing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/tmg-aoi-partner-with-schindler-to-localize-elevator-manufacturing\/","title":{"rendered":"TMG, AOI partner with Schindler to localize elevator manufacturing"},"content":{"rendered":"

Egyptian-made elevators? <\/strong>The Arab Organization for Industrialization and Talaat Moustafa Group will work to localize elevator manufacturing under a framework agreement inked with Swiss elevator and escalator manufacturer Schindler<\/a>, according to a statement<\/a>. Schindler will launch a program to localize certain elevator components, which will then be used in upcoming Housing Ministry and New Urban Communities Authority projects.<\/p>\n

The details: <\/strong>Under the agreement, Talaat Moustafa Group and the Arab Organization for Industrialization will set up a facility for the assembly and testing of elevators, while Schindler will provide technical assistance and manage the facility. The facility is expected to produce 5k elevators a year over a ten-year period.<\/p>\n

ICYMI: <\/strong>Last year, we discussed the challenges facing the elevator industry in Egypt amid demand increase in our weekly section Inside Industry<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The facility is expected to produce 5k elevators a year over a ten-year period<\/p>\n","protected":false},"author":1,"featured_media":628314,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[1291,72,131,8672,1517],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-arab-organization-for-industrialization","tag-enterpriseam","tag-manufacturing","tag-schindler","tag-talaat-moustafa-group","wpautop","entry"],"acf":{"mongo_id":"1f226da8-2712-4762-bc6d-3a857f99e239","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/707.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TMG, AOI partner with Schindler to localize elevator manufacturing","related_issue":[628303],"teaser":"The facility is expected to produce 5k elevators a year over a ten-year period","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.35ac159d-2621-4942-82bf-886ae5f647a7.mp3"},"yoast_head":"\nTMG, AOI partner with Schindler to localize elevator manufacturing - 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