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

  • UK government to fund carbon-cutting truck trials
    April 25, 2012
    Truck operators have been invited to apply for a slice of US$15.34 million provided for industry trials of carbon-cutting trucks by the UK Department for Transport and the Technology Strategy Board. A competition opened yesterday for applications under the ‘Low carbon truck demonstration trial’ which will deliver fleets of low-emission heavy goods vehicles as well as supporting infrastructure such as fuelling stations and electric recharging hubs.
    Read More
  • Less travel aggravation to blunt Aggieland fans’ motivation
    June 17, 2016
    Returning travel times to normal within two hours of the end of a major football game was the challenge facing College Station, Adam Lyons explains how this was achieved. College Station, TX, also known as ‘Aggieland’, is located right in the middle of the Dallas/Fort Worth, San Antonio and Houston triangle making the city accessible to over 14 million Texans within less than a four-hour drive. One of the biggest draws to this area is Texas A&M University (TAMU) and the Aggie football games in the fall, mea
    Read More
  • Hyperloop: from sci-fi to transport policy
    April 16, 2020
    The future is here. While it has long looked like something from a sci-fi movie, Graham Anderson investigates a technology whose time might have come.
    Read More
  • Perth, Australia to get Parkeon’s real time tracking bus tracking
    July 28, 2014
    Ticketing technologies company Parkeon is playing a key role in a multi-million dollar public transport project in Perth that will provide real-time journey tracking for passengers, along with Australia’s first underground dynamic bus stand allocation system. The real time tracking system (RTTS) forms a significant part of the contract awarded by the Western Australia Public Transport Authority to Downer EDI Engineering Power. It is being delivered by Parkeon as part of its latest ticketing platform and
    Read More

Highlighted Content