Contract award for tolling system in Sydney

CompaniesTechnology ♦ Published: August 28, 2012; 18:51 ♦ (Vindobona)

Kapsch TrafficCom achieved a contract in Australia. The value for implementation reaches AUD 10 million (about € 8.5m)

Contract award for tolling system in Sydney / Picture: © Kapsch AG

Kapsch TrafficCom AG, listed on the Vienna Stock Exchange in the prime market segment, informs that its subsidiary Kapsch TrafficCom Australia Pty Ltd has been contracted by Interlink Roads to supply a new open road tolling system to support capacity enhancement upgrades to the M5 South West Motorway. The total contract value for the implementation of the system reaches approximately…