Otis to Equip and Service 40-storey LUMIÈRE Evergreen Apartments in Hanoi, Vietnam

HANOI, Vietnam, July 8, 2024 /PRNewswire/ -- LUMIÈRE Evergreen, a prestigious residential project developed by Masterise Homes, has selected Otis Vietnam for new elevator equipment and servicing. Otis (NYSE: OTIS), is the world's leading elevator and escalator manufacturing, installation and service company.

Otis will complete the installation of 4 SkyRise^® and 24 Ariseâ„¢ elevators by October 2025. The company will then service the elevators for the 40-storey high-rise apartment, located in Hanoi's western city center, through June, 2028.

"Vietnam's urban landscape is rapidly evolving with the rise of tall buildings in its cities and the growing need for advanced construction and smart engineering solutions," said Manivannan, K., Managing Director of Otis Vietnam and Malaysia. "Otis is proud to collaborate with Masterise Homes, a pioneer in the development of luxury real estate in the Vietnamese market, to enhance vertical transportation efficiency and facilitate seamless connectivity for its residents."

The SkyRise elevator is Otis' most advanced high-rise system, integrating industry-leading technologies with space-saving design. Its controller employs adaptive motion profiling to adjust the acceleration rate in order to reduce energy consumption, while a patented control algorithm ensures a smooth ride. 

Designed to maximise energy efficiency, Otis' Arise elevator system is optimized with our patented ReGenâ„¢ drive, which recycles energy for other building systems.

In recent years, Otis has also provided elevators to two other residential developments developed by Masterise Homes in Hanoi – the Ocean Park and Smart City high-end residential projects.

To learn more about Otis products and services, visit www.otis.com.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram and Facebook @OtisElevatorCo.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Otis to Equip and Service 40-storey LUMIÈRE Evergreen Apartments in Hanoi, Vietnam

Otis to Equip and Service 40-storey LUMIÈRE Evergreen Apartments in Hanoi, Vietnam

Otis to Equip and Service 40-storey LUMIÈRE Evergreen Apartments in Hanoi, Vietnam

RIYADH, Saudi Arabia, Oct. 5, 2024 /PRNewswire/ --The Literature, Publishing & Translation Commission, part of the Saudi Ministry of Culture, has revealed that the Riyadh Book Fair 2024 is its largest edition yet, featuring a diverse range of translated international books. With more than 2,000 local, Arab, and international publishers participating, the Fair has strengthened its position as a leading cultural event in the Arab world. This year's edition promotes Saudi Arabia's cultural openness and supports the spread of cross-border knowledge.

The 2024 Fair edition stands out for hosting renowned thinkers, intellectuals, and global figures in literature, art, and knowledge who share their insights and success stories with the public. Among the key speakers are Fareed Zakaria, acclaimed media personality and author; Walter Isaacson, world-renowned biographer; poet and writer Kwame Alexander; and acclaimed novelist Jonathan Franzen. The Fair also features prominent literary and artistic figures from the Middle East.

Dr Mohammed Hasan Alwan, CEO of the Literature, Publishing & Translation Commission, emphasised the significance of the Fair, stating: "The Riyadh International Book Fair is not only one of the most important book fairs in the Arab region but also a premier platform for publishers and authors to expand their reach in the Arab cultural market. This year's edition is especially notable for its focus on cultural diversity and translation, with an exceptional programme featuring some of the world's leading intellectuals."

During his visit, His Excellency Chang Hua, the Chinese Ambassador to Saudi Arabia, expressed admiration for the Saudi public's enthusiasm for reading. CNN's Fareed Zakaria praised the Kingdom's remarkable transformation and its growing global influence.

This year also marks the return of the popular "Riyadh Reads French" initiative, featuring several French publishers. Al-Saeed Ezz, Communication Officer at the French Embassy, noted that this year's programme has expanded to include children's activities and free French language courses in collaboration with the French Cultural Institute, bringing French culture closer to Saudi visitors.

The Riyadh International Book Fair plays a key role in supporting Saudi Vision 2030's cultural goals, contributing to the Kingdom's cultural economy, projected to reach $9.3 billion. Attracting over one million visitors annually, it ranks among the highest-selling book fairs in the Arab world.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Riyadh International Book Fair 2024: Expanding Global Dialogue through the Largest Collection of Translated Works