- Kapsch Receives OmniAir Certification for Two Roadside Units
- Hong Kong Investment Group Bargains for Stakes in Two Indonesia Toll Roads
- These are just some of the toll industry developments TRN is following.
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Kapsch Receives OmniAir Certification for Two Roadside Units
Kapsch TrafficCom announced that it has received compliance and conformance certification for its RIS-9160 and RIS-9260 roadside units (RSU) from the OmniAir Consortium®. Certification confirms that the two RSUs meet operational standards set by the Institute of Electrical and Electronic Engineers (IEEE) and the Society of Automotive Engineers (SAE), as well as USDOT specifications. Kapsch’s news release notes that the RSUs enable vehicle-to-infrastructure (V2I) communication when implemented with corresponding in-vehicle on-board units (OBUs).
Intelligent Transportation Systems Kapsch V2X and V2V TechnologyHong Kong Investment Group Bargains for Stakes in Two Indonesia Toll Roads
The Jakarta Post reports, a Hong Kong-based “property giant,” the Road King Infrastructure Group, is in the process of acquiring PT Waskita Toll Road’s entire stake in two Java toll roads, the Solo-Ngawi and the Ngawi-Kertosono. Waskita Toll Road (WTR), which operates both tollways, is a subsidiary of a state-owned construction company. Terms of the deal have not been disclosed yet, but a WTR executive tells the newspaper his company expects to gain “at least Rp 2 trillion (US$142.85 million) from the divestment.”
Acquisitions and Mergers Hong Kong Indonesia Infrastructure Investment TrendsThese are just some of the toll industry developments TRN is following.
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