Keeping Egypt Moving

TKE secures strategic projects in the NAC to shape the future of urban mobility.

submitted by TKE

TK Elevator (TKE) recently secured orders for a total of 185 vertical-transportation units, including two strategic collaborations in Egypt’s New Administrative Capital (NAC). This includes a milestone contract win with a returning customer, the National Bank of Kuwait (NBK), as well as a new customer win with Misr Italia Properties for its luxury boutique development Vinci — COMO Lakes. These contracts underscore TKE’s reputation for supporting customer success through urban renewal and expansion with innovative mobility solutions that are essential for future urban life.

In 2019, TKE supplied the NBK’s corporate headquarters in Kuwait City with 10 sets of TWIN elevator systems — featuring two cabs operating independently in the same shaft — and other mobility solutions. For the new project, NBK ordered a total of 17 units of enta300 and meta100 elevators for its country head office in Egypt’s NAC.

Misr Italia Properties, a leading real estate developer in Egypt known for its dynamic projects, is set to develop Vinci — COMO Lakes, a luxury boutique development in the residential heart of the new capital. The community will feature high-end villas with exceptional, sustainable designs with 40 TKE elevators in the first phase of the development.

The NAC is projected to be a significant growth driver for Egypt, with plans to include a new presidential palace, a new parliament building, areas dedicated to foreign embassies and government administrations, as well as various districts for business, finance, arts and culture, and an expansive green park. TKE’s selection to support the mobility needs of these prominent customers for key strategic projects is a testament to our achievements in the dynamic Middle East region. TKE CEO Asia Pacific Jürgen Böhler said:

“TKE offers a full range of urban mobility innovations — products, solutions and services that serve as the essential backbone for transformative projects like Egypt’s NAC. As cities evolve and expand, our technology is essential for seamless accessibility and connectivity, enabling them to ‘move beyond.’“

TKE Egypt Managing Director Ahmed Alaa added:

“We are thrilled to bring TKE’s urban mobility solutions to the NAC in Egypt. It is a pleasure to collaborate once again with the NBK on its new head office, and we look forward to seeing the development of Vinci — COMO Lakes come to fruition. Elevators, escalators and moving walks are essential components for future cities. We remain dedicated to supporting urban renewal and expansion through our transformative engineering and services, ensuring that people can move swiftly and safely in their daily lives.”