New Otis elevator plant in Chongqing

CHONGQING: Elevator maker Otis is setting up a new factory in the southwestern city of Chongqing to capitalize on the burgeoning growth in the industrial region.

"We want to be closer to our customers and market," Didier Michaud Daniel, president of Otis Elevator Company, told China Daily after announcing plans to set up the company's fourth production base. Otis already has three elevator factories in the coastal regions of the country.

Daniel said the high growth of the construction industry in the western region has spurred demand for elevators and escalators.