Skip to Content Facebook Feature Image

Otis Helps Cambodia's Techo International Airport Prepare for Future

Business

Otis Helps Cambodia's Techo International Airport Prepare for Future
Business

Business

Otis Helps Cambodia's Techo International Airport Prepare for Future

2025-10-24 10:00 Last Updated At:10:25

  • Otis solutions help establish new airport's role as a major transport hub 
  • Phase 1 will accommodate 13 million passengers a year

PHNOM PENH, Cambodia, Oct. 24, 2025 /PRNewswire/ -- Otis elevators and escalators are helping move passengers safely and seamlessly through Cambodia's new international airport which was officially inaugurated this week. Otis Worldwide Corporation  (NYSE: OTIS) is the world's leading elevator and escalator manufacturing, installation and service company.

"Otis is honored to support Cambodia in expanding its aviation infrastructure to boost global connectivity and economic growth," said Nicolas Lopez, Senior Vice President & Managing Director, Southeast Asia, Otis. "This world-class airport has been designed to deliver a superior passenger experience, with safe, reliable and efficient mobility solutions provided by Otis to complement the building's traditional aesthetics."

With world-class project management expertise and advanced solutions, Otis is a partner in many of the world's most significant airport projects, including the newly extended Terminal 2 at Incheon International Airport in Korea, which included designing and installing the longest continuous walkways in Asia.

What Otis elevators and escalators are used at Techo International Airport?

Otis has provided 118 units in total:

  • 52 Gen2™ elevator systems, which feature machine room-less and gearless technology, powered by Otis ReGen™ regenerative drive systems that enable elevators to convert excess energy into electricity 
  • 36 515NPE escalators and 30 moving walkways which are heavy-duty units designed for high-traffic areas

Techo International Airport is being developed in three phases by the Royal Government of the Kingdom of Cambodia and Overseas Cambodian Investment Corporation (OCIC). The airport will manage up to 13 million passengers in Phase 1, 30 million passengers in Phase 2 and 50 million passengers in Phase 3.

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 2.4 billion people a day and maintain approximately 2.4 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 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, installing and maintaining products to meet 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, YouTube, Instagram and Facebook @OtisElevatorCo.

  • Otis solutions help establish new airport's role as a major transport hub 
  • Phase 1 will accommodate 13 million passengers a year

PHNOM PENH, Cambodia, Oct. 24, 2025 /PRNewswire/ -- Otis elevators and escalators are helping move passengers safely and seamlessly through Cambodia's new international airport which was officially inaugurated this week. Otis Worldwide Corporation  (NYSE: OTIS) is the world's leading elevator and escalator manufacturing, installation and service company.

"Otis is honored to support Cambodia in expanding its aviation infrastructure to boost global connectivity and economic growth," said Nicolas Lopez, Senior Vice President & Managing Director, Southeast Asia, Otis. "This world-class airport has been designed to deliver a superior passenger experience, with safe, reliable and efficient mobility solutions provided by Otis to complement the building's traditional aesthetics."

With world-class project management expertise and advanced solutions, Otis is a partner in many of the world's most significant airport projects, including the newly extended Terminal 2 at Incheon International Airport in Korea, which included designing and installing the longest continuous walkways in Asia.

What Otis elevators and escalators are used at Techo International Airport?

Otis has provided 118 units in total:

  • 52 Gen2™ elevator systems, which feature machine room-less and gearless technology, powered by Otis ReGen™ regenerative drive systems that enable elevators to convert excess energy into electricity 
  • 36 515NPE escalators and 30 moving walkways which are heavy-duty units designed for high-traffic areas

Techo International Airport is being developed in three phases by the Royal Government of the Kingdom of Cambodia and Overseas Cambodian Investment Corporation (OCIC). The airport will manage up to 13 million passengers in Phase 1, 30 million passengers in Phase 2 and 50 million passengers in Phase 3.

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 2.4 billion people a day and maintain approximately 2.4 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 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, installing and maintaining products to meet 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, YouTube, Instagram and Facebook @OtisElevatorCo.

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

Otis Helps Cambodia's Techo International Airport Prepare for Future

Otis Helps Cambodia's Techo International Airport Prepare for Future

PANAMA CITY, May 19, 2026 /PRNewswire/ -- HTX successfully concluded its high-profile $HTX Frenzy campaign on May 15. The exchange allocated a 100,000 USDT prize pool toward the event, which spanned four primary tracks: asset holding, spot trading, grid trading, and HTX Earn subscriptions.

According to official data, the campaign drew nearly 30,000 registered participants, with 93.6% of them maintaining active asset holdings. Average daily holdings among registered accounts rose by 318.1% compared to baseline figures before the campaign, while average daily spot trading volume jumped by 393.5%.

The expansion in $HTX holdings and trading activity comes amid broader digital-asset market caution and constrained net capital inflows, reflecting the market's growing recognition of $HTX's long-term value and ecosystem potential.

Eleven Consecutive Weeks of Gains: $HTX Charts Its Own Course

Strong user confidence and surging participation metrics are clearly mirrored in $HTX's secondary market performance.

Market data shows that $HTX has recently staged an exceptionally strong rally, recording eleven consecutive weeks of gains while breaking above and standing firmly over the 60-week moving average (MA60). This is a strong indication of robust upward momentum.

Ecosystem Expansion Accelerates the $HTX Value Flywheel

Behind this strong market performance is a rapid acceleration in $HTX ecosystem development initiatives led by HTX DAO and HTX.

HTX DAO is moving ahead with the $HTX deflationary schedule. The platform previously completed the Q1 2026 $HTX token burn, permanently removing more than 10.83 trillion $HTX from circulation and further reinforcing market expectations around its long-term scarcity.

Concurrently, HTX designated $HTX as its exclusive utility token for trading fee deductions. This strategically significant move directly ties HTX's massive trading volume to the real-world utility of $HTX, generating sustained organic demand and providing strong underlying value support for the token.

Meanwhile, initiatives such as the HTX Genesis Hackathon are continuing to gain momentum, attracting an increasing number of high-quality developers, innovative projects, and community contributors into the $HTX ecosystem, further strengthening the foundation for its long-term growth.

The successful conclusion of HTX's "$HTX Frenzy" event not only reflects the ecosystem's recent phase of rapid expansion but also marks the beginning of a new chapter of value growth for $HTX.

As HTX's trading ecosystem continues to expand, HTX DAO further deepens ecosystem development, and more real-world use cases and developer resources converge around $HTX, the token is entering a healthy and self-reinforcing value flywheel. With additional ecosystem catalysts expected to kick off and materialize over time, $HTX is well positioned to demonstrate even stronger growth potential and long-term vitality across the broader crypto market.

About HTX

Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord.

PANAMA CITY, May 19, 2026 /PRNewswire/ -- HTX successfully concluded its high-profile $HTX Frenzy campaign on May 15. The exchange allocated a 100,000 USDT prize pool toward the event, which spanned four primary tracks: asset holding, spot trading, grid trading, and HTX Earn subscriptions.

According to official data, the campaign drew nearly 30,000 registered participants, with 93.6% of them maintaining active asset holdings. Average daily holdings among registered accounts rose by 318.1% compared to baseline figures before the campaign, while average daily spot trading volume jumped by 393.5%.

The expansion in $HTX holdings and trading activity comes amid broader digital-asset market caution and constrained net capital inflows, reflecting the market's growing recognition of $HTX's long-term value and ecosystem potential.

Eleven Consecutive Weeks of Gains: $HTX Charts Its Own Course

Strong user confidence and surging participation metrics are clearly mirrored in $HTX's secondary market performance.

Market data shows that $HTX has recently staged an exceptionally strong rally, recording eleven consecutive weeks of gains while breaking above and standing firmly over the 60-week moving average (MA60). This is a strong indication of robust upward momentum.

Ecosystem Expansion Accelerates the $HTX Value Flywheel

Behind this strong market performance is a rapid acceleration in $HTX ecosystem development initiatives led by HTX DAO and HTX.

HTX DAO is moving ahead with the $HTX deflationary schedule. The platform previously completed the Q1 2026 $HTX token burn, permanently removing more than 10.83 trillion $HTX from circulation and further reinforcing market expectations around its long-term scarcity.

Concurrently, HTX designated $HTX as its exclusive utility token for trading fee deductions. This strategically significant move directly ties HTX's massive trading volume to the real-world utility of $HTX, generating sustained organic demand and providing strong underlying value support for the token.

Meanwhile, initiatives such as the HTX Genesis Hackathon are continuing to gain momentum, attracting an increasing number of high-quality developers, innovative projects, and community contributors into the $HTX ecosystem, further strengthening the foundation for its long-term growth.

The successful conclusion of HTX's "$HTX Frenzy" event not only reflects the ecosystem's recent phase of rapid expansion but also marks the beginning of a new chapter of value growth for $HTX.

As HTX's trading ecosystem continues to expand, HTX DAO further deepens ecosystem development, and more real-world use cases and developer resources converge around $HTX, the token is entering a healthy and self-reinforcing value flywheel. With additional ecosystem catalysts expected to kick off and materialize over time, $HTX is well positioned to demonstrate even stronger growth potential and long-term vitality across the broader crypto market.

About HTX

Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

$HTX Trading Volume Surges 393.5% on $HTX Frenzy Campaign

$HTX Trading Volume Surges 393.5% on $HTX Frenzy Campaign

Recommended Articles