Athens just the ticket for LG CNS

A Korea-Greece consortium led by LG CNS has been awarded a US$191.9 million project to build an e-ticket system for mass transit in Athens, the Seoul-based IT solution company, LG CNS, says. Under the project, overseen by the Athens Urban Public Transport Organisation (OASA), LG and its partner, Terna Energy of Greece, will install and operate the automatic fare collection system for the bus, trolley and subway system. The smart ticket project will replace conventional paper tickets, the company said.
March 24, 2014 Read time: 2 mins
A Korea-Greece consortium led by 6203 LG CNS has been awarded a US$191.9 million project to build an e-ticket system for mass transit in Athens, the Seoul-based IT solution company, LG CNS, says.

Under the project, overseen by the Athens Urban Public Transport Organisation (OASA), LG and its partner, Terna Energy of Greece, will install and operate the automatic fare collection system for the bus, trolley and subway system.  The smart ticket project will replace conventional paper tickets, the company said.

The transition will take twelve years, and during the first two the consortium will set up e-transportation card panels on buses and at subway stations.  Over the following ten years, the consortium will implement the operation of the infrastructure for the traffic card and fare adjustment system.

LG CNS said it is also bidding to upgrade the smart public transportation fare system in London, worth US$1.5 billion), which it said is likely to be awarded late this year.

Related Content

  • ST Electronics secures significant transportation contracts
    January 10, 2013
    Singapore-based ST Electronics has been awarded transportation contracts valued at a combined total of US$156.21 million. The company is to implement the second phase of the Expressway Monitoring and Advisory System (EMAS) on major arterial roads under a contract awarded by the Land Transport Authority (LTA). Under this project, which is due to be completed by 2014, the EMAS will be expanded to four major arterial corridors in the island republic that serve as the expressways' alternative routes. In another
    Read More
  • Mega trends will challenge transport technology
    June 5, 2015
    Jon Masters investigates some of the longer term trends that will shape transportation over the next 20 years. Business analysts and investors have already placed their bets on a future of technological smart mobility services. In December last year, the Wall Street Journal reported that Uber, the on-demand taxi and lift share smartphone app and start-up business, had been valued at $41.2 billion which, as the Journal reported, is an incredible vote of confidence for a company only five years old.
    Read More
  • ITSWC 2021: New solutions for the new normal
    September 20, 2021
    October’s ITS World Congress in Hamburg will profile the changing face of mobility, with real-world examples of electric vehicle implementation, shared transport and autonomy taking centre stage
    Read More
  • ASK to supply 1.3 million Mifare Plus cards for new Panama buses
    March 22, 2012
    France-headquartered ASK, a specialist in mass transit contactless smart cards, has been selected by its client system integrator Sonda to deliver the contactless cards for Panama’s brand new Metrobús network. The central American city is undergoing major modernisation of its public transport system with brand new buses, Metrobús, and a brand new Metro which is currently under construction.
    Read More

Highlighted Content