Hyundai Elevator Tapped for Riyadh Medical Complex

Aerial view of Security Forces Medical City being built in Riyadh

Hyundai Elevator has secured a US$30-million deal from the Saudi Arabian government to outfit Security Forces Medical City, under development in Riyadh, Saudi Arabia, with an unspecified number of units, TradeArabia reported. Noting that Saudi Arabia is a key part of its globalization strategy, Hyundai Elevator said what enabled it to secure the deal despite economic uncertainty due to falling oil prices was the company’s energy-efficient and network-surveillance technology. Installation will begin in stages in the third quarter of this year through 2018. Hyundai Elevator is confident it will win work related to another medical facility the government plans to build in Jeddah.

Since 1953, Elevator World, Inc. has been the premier publisher for the global vertical transportation industry. It employs specialists in Mobile, Alabama, and has technical and news correspondents around the world.

Get more of Elevator World. Sign up for our free e-newsletter.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.

Champion of the Industry


Chinese Conversation


Tall Stories in the Big Apple


Advanced Components, Tool


The Ellis Alliance


City of Angels bustles with tall-building construction.


Big projects, contracts particularly in London


Application Research of Advanced Manufacturing Technology in Escalator Manufacturing