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.

For more information on companies in this article

Related Content

  • Transit hub promised in San Diego area
    January 18, 2013
    San Diego North County’s Interstate 15 corridor is best known for its flood of freeway traffic, not its mass transit stations. This is due to change next year, when the Sabre Springs/Penasquitos transit station, just east of I-15 on Sabre Springs Parkway, is set to undergo a US$12.2 million face-lift that will include a four-storey parking garage, electric vehicle charging stations, electronic next bus signs and even some smart parking spaces. “This will be our flagship station,” said Frank Owsiany, who ov
    Read More
  • Los Angeles Express Lanes links multiple modes of transportation
    January 25, 2012
    The Big Apple's loss is the City of Angels's gain, according to Ken Philmus
    Read More
  • Indra to implement ticketing technology for new Algerian trolley line
    September 7, 2015
    Alstom Transport has awarded Indra a US$3 million contract to develop and implement the ticketing systems for the first trolley line currently under construction in the Algerian city of Setif. With a total length of 22.2 kilometres, the Setif trolley line project is being undertaken by Entreprise du Métro d’Alger (EMA), which has subcontracted the construction to Alstom Transport and the construction company Yapi Merkezi. Indra will supply ticketing systems for the 27 stations and four interchanges p
    Read More
  • Chile needs major smart city investment
    September 5, 2014
    Chile needs to invest US$30 billion in telecom infrastructure over the next ten years to boost its potential to develop smart cities, according to Pelayo Covarrubias, board president of digital development organisation País Digital. During a seminar on smart cities, Covarrubias said Chile had invested US$15 billion in telecom infrastructure in the last decade. The estimated investment for the next decade is the minimum Chile would need to spend just to be able to keep up with other high-ranking digital citi
    Read More

Highlighted Content