China TransInfo wins traffic data collection and service system contract

5607 China TransInfo Technology Group has signed an agreement with the Planning Institute under the PRC Ministry of Transportation (MOT) to provide technical development and services for a pilot project to build and operate a traffic data collection, analysis, and service system for national trunk roads in China. According to the contract, which is valued at around US$1.8 million, China TransInfo will develop software applications, build a database, provide information processing services as well as support applications. The system includes a data collection and transmission system, a comprehensive analysis system, an economic analysis system and a multi-tier sharing service system, based on traffic information on national trunk roads. The pilot project is designed to address the lack of traffic data collection, analysis, and application services on national trunk roads.