Seed funding to develop Singapore's next-gen ERP system

Singapore's Land Transport Authority (LTA) has awarded a tender to four consortia - Beijing Watchdata System; Watchdata Technologies; IBM Singapore and ST Electronics (Info-Comm Systems); and NCS, MHI Engine System Asia and Kapsch TrafficCom - with each of them being given seed funding of US$0.8 million for the development of the next-generation electronic road pricing (ERP) system.
Charging, Tolling & Road Pricing / January 27, 2012

Singapore’s 918 Land Transport Authority (LTA) has awarded a tender to four consortia - Beijing Watchdata System; Watchdata Technologies; 62 IBM Singapore and ST Electronics (Info-Comm Systems); and NCS, MHI Engine System Asia and 81 Kapsch TrafficCom – with each of them being given seed funding of US$0.8 million for the development of the next-generation electronic road pricing (ERP) system. The four consortia will carry out the system evaluation test (SET) for the new ERP system within 18 months, a process that will identify a solution for the next-generation ERP system that is suitable for the island republic.

The SET will involve the installation of roadside equipment to facilitate the testing process, while on-road testing will be carried out by the companies to evaluate their solutions' performance.

For more information on companies in this article
gradeKapsch