Sweden-headquartered Sensys Traffic working in a consortium with Armenian companies Security Dream and Ellips GA and has announced that Security Dream has signed a build-operate-transfer contract with the Armenian police force for a national traffic monitoring system for 25 years.
RSSSweden-headquartered 569 Sensys Traffic working in a consortium with Armenian companies Security Dream and Ellips GA and has announced that Security Dream has signed a build-operate-transfer contract with the Armenian police force for a national traffic monitoring system for 25 years.
The traffic monitoring system covers speed and red-light enforcement, video surveillance, as well as a complete central system for monitoring and handling fines. The system will be built up gradually over the first seven years.
Sensys says the consortium contract will now be transformed into several contracts among the partners, one of which will be a contract between Sensys and Security Dream for speed and red-light enforcement systems. The scope and extent for Sensys will be able to be evaluated when these contracts have been finalised.
"We are very pleased that the Armenian police force has chosen our solution,” says Johan Frilund, CEO of Sensys Traffic. “The contract is in line with our adopted strategy of obtaining operator contracts with a long-term business model based on our inventories.”
The traffic monitoring system covers speed and red-light enforcement, video surveillance, as well as a complete central system for monitoring and handling fines. The system will be built up gradually over the first seven years.
Sensys says the consortium contract will now be transformed into several contracts among the partners, one of which will be a contract between Sensys and Security Dream for speed and red-light enforcement systems. The scope and extent for Sensys will be able to be evaluated when these contracts have been finalised.
"We are very pleased that the Armenian police force has chosen our solution,” says Johan Frilund, CEO of Sensys Traffic. “The contract is in line with our adopted strategy of obtaining operator contracts with a long-term business model based on our inventories.”
