Mitsubishi Electric Corporation announced on 22 March, 2021 that its subsidiary Mitsubishi Elevator (Thailand) Co., Ltd. (MET) has secured a major order from One Bangkok.
A joint venture between TCC Assets Co., Ltd. and Frasers Property Holdings (Thailand) Co., Ltd., One Bangkok is among Thailand’s largest private sector property initiatives. The fully integrated district is set to attract top-level businesses, tourists, and locals alike by seamlessly connecting offices, retail, luxury hotels, residences, as well as cultural spaces.
The order from One Bangkok consists of 250 elevators, including 12 double-deck elevators, potentially the first of their kind in Thailand, and 28 escalators, for a total of 278 units. It is the largest order received since Mitsubishi Electric started the elevator business in Thailand in 1977, and was highly evaluated for its long experience in the elevator market in Thailand and the high quality of its products and services.
One Bangkok is a THB120 billion (US$3.8 billion) fully-integrated district comprising five premium grade A office buildings, five luxury and lifestyle hotels, three luxury residential towers, four interconnected retail precincts, and art and cultural hubs located on a 16.7-hectare (104-rai) plot at the corner of Wireless Road and Rama IV Road.
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