Modern Lift Systems launches production of elevators and escalators

According to the UzA agency, the capacity of Modern Lift Systems is 300 elevators, as well as 200 escalators and travolators a year. Next year, production capacity of the enterprise will increase three-fold.

The cost of the project is US$5 million, of which 90% was foreign investment.

Accessories for elevators, escalators and travolators are still imported from China. The bulk of the products will be delivered in the domestic market, and 30% will be exported.