Tenders to develop new ERP system awarded
SINGAPORE: The Land Transport Authority (LTA) has awarded tenders for trials to develop the next generation of the electronic road pricing (ERP) system. What's being explored is a satellite-based method for road tolls, which reduces dependence on physical ERP gantries. Four groups of companies have secured the tenders. They are Kapsch TrafficCom AB, MHI Engine System Asia and NCS, ST Electronics (Info-Comm Systems) and IBM Singapore, and Watchdata Technologies as well as Beijing Watchdata System. Each group will be given seed funding of S$1 million to develop and demonstrate technological solutions. The 18-month trials starts next month.