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Corporation, press release, June 23, 2021
KONE Corporation, a global leader in the elevator and escalator
industry, has won an order to deliver and install
60 custom-made elevators and escalators for a building known as
Iconic Tower. Situated in Egypt's New Administrative Capital, the
tower is set to become the tallest building in the entire African
continent.
Egypt's new administrative and financial capital is under
construction just outside Cairo and is being designed with smart
technologies as a focal point. Scheduled to be opened by the end of
this year, it will cater for over 6 million people. Iconic Tower
will be located within the city's Central Business District (CBD),
which is planned to include a total of 20 skyscrapers. The
80-storey tower will rise to a height of 385 meters, including
office, hotel and residential amenities. The main contractor for
the building - and several other projects in the new capital city -
is China State Construction Engineering Corporation (CSCEC), one of
the world's leading construction groups.
KONE's delivery includes 36 KONE MiniSpace™ elevators, 13 KONE
MonoSpace® elevators, seven KONE TranSys™ freight elevators and
four KONE TransitMaster™ 120 escalators, all with finishes
specially designed for this building. In addition, the KONE
Destination Control System will help reduce waiting and traveling
times and the KONE E-Link™ service will enable monitoring equipment
performance in real time, from a single location onsite. The
contract also includes maintenance services.
"Iconic Tower will become a significant landmark not only in the
New Administrative Capital, but across Egypt and Africa. We are
truly honored to provide our high-rise expertise and our people
flow solutions for this development and together with our customers
help the city set new standards for smart and sustainable
buildings," says Thomas Hinnerskov, Executive Vice President for
KONE South Europe, Middle East and Africa.
The building is expected to be completed in February 2023 and it
is being developed by New Urban Communities Authority. The main
architect is Dar Al-Handasah.
KONE booked the order in the fourth quarter of 2020.
For further information, please
contact:
Hanna Rutanen, Head of Communications, KONE Corporation, tel. +358
41 507 1361, media@kone.com
Read more
Previous press releases are available at https://www.kone.com/en/news-and-insights/releases/
including:
September 24, 2020: KONE to equip B4 Grande luxury residential tower
in Dubai
September 23, 2019: KONE to equip a luxury dual-tower in
Dubai
November 15, 2018: KONE wins order to equip Global Trade Center in
Nairobi, Kenya
About
KONE
At KONE, our mission is to improve the flow of urban life. As a
global leader in the elevator and escalator industry, KONE provides
elevators, escalators and automatic building doors, as well as
solutions for maintenance and modernization to add value to
buildings throughout their life cycle. Through more effective
People Flow®, we make people's journeys safe, convenient and
reliable, in taller, smarter buildings. In 2020, KONE had annual
sales of EUR 9.9 billion, and at the end of the year over 60,000
employees. KONE class B shares are listed on the Nasdaq Helsinki
Ltd. in Finland.
www.kone.com