Otis supports Hangzhou Airport expansion and continues to be a key contributor in the city’s infrastructure growth

Hangzhou, China, April 30, 2020 – Otis Electric Elevator Co. Ltd. (Otis Electric), a subsidiary of Otis (NYSE: OTIS) in China, will provide 133 escalators for Hangzhou Xiaoshan International Airport’s Phase 3 expansion project. This will bring the total of Otis Electric escalators and elevators at the airport to more than 200.

The airport expansion is part of a wider push to strengthen Hangzhou’s infrastructure as the city prepares to host the 2022 Asian Games. With a strong track record of providing reliable escalator and elevator equipment - and maintenance support for transport infrastructure across China - Otis Electric was a key supplier to the 80,000-seat Hangzhou Olympic Sports Center and has been a long-time contributor to the Hangzhou Metro.

The largest city in Zhejiang province, Hangzhou is a mega-city with a vibrant economy fueled by tourism and the conference industry. A number of major digital corporations are also based there. The city has a permanent population of over 10 million people and a GDP of over $257 billion, according to the Ministry of Housing and Urban-Rural Development’s "2018 Urban Construction Statistical Yearbook."

About Otis
Introduced to China in January 2016, Otis Electric is supported by manufacturing facilities in Hangzhou and Chongqing, as well as an accredited testing laboratory and over 300 branches and service depots across China. With strong capabilities to deploy the latest technologies in products and services, Otis Electric is dedicated to satisfying customer needs, especially in the residential, commercial and public infrastructure segments.