Daily News Briefs, October 1, 2019

This is a Subscribers-Only area. If you are a subscriber, please login. If not...

Become a Subscriber Today »

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 Technology


Hong 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 Trends


These are just some of the toll industry developments TRN is following.

If you’re not already a Daily News Briefs subscriber and you want a complete picture of today’s news, click here or call 717-991-2823 for subscription information. If you’re a newcomer to TollRoadsNews.com, click here to get a free, 14-day trial subscription to Daily News Briefs.