The State Trading Organisation Company (STO) has been awarded a significant contract to supply elevators for Apollo’s nine residential complexes in Hulhumale. The agreement, signed on February 28, 2024, will see STO supply and install a total of 46 elevators across the apartment complexes.
The initial phase of the project will focus on the first two towers, with at least five elevators being installed in each building. As the exclusive distributor of the renowned Kone elevator brand in the Maldives, STO will provide Apollo Towers with cutting-edge elevator technology.
STO has a proven track record in supplying Kone elevators for major real estate projects in the Maldives. Kone is a globally recognized leader in the elevator and escalator industry, known for its innovation. Notably, Kone pioneered the “machine-roomless” elevator, revolutionizing elevator technology.
