Government has awarded an Austrian company a 17-year contract to design, install and operate traffic surveillance systems.
In a press release, Kapsch TrafficCom announced that it had been awarded the nationwide contract as a joint 50-50 venture with Zambian Lamise Trading Limited.
Kapsch stated that the system would be for traffic surveillance, vehicle speed enforcement, vehicle inspection and vehicle registration and it would generate between EUR 90 million and EUR 100 million in the first three years of operation.
“Kapsch TrafficCom’s joint venture with Zambian Lamise Trading Limited has been awarded a nation-wide concession contract by the Zambian government for the design, installation and operation of systems and solutions for traffic surveillance, vehicle speed enforcement, vehicle inspection and vehicle registration. This scope of service will be realized step by step during a ramp-up phase as part of a 17-year contract. The number of vehicles on Zambia’s roads increased by 280 per cent to 700,000 in the ten years to 2016 and road fatalities increased from 10 per hundred thousand inhabitants to 13.8 per hundred thousand in the same period. In 2016 alone, 2,206 people died in traffic related accidents. Therefore, it is the aim of the Zambian Government, through its agency the Road Traffic and Safety Agency to significantly increase road safety and traffic management,” read the statement.
Kapsch TrafficCom chief operating officer André Laux said the company felt honored to be entrusted with a task to improve traffic safety in Zambia together with Lamise.
“By installing and operating Kapsch TrafficCom’s leading edge equipment and systems, the joint venture will create some five hundred jobs, provide a boost to the economy in Zambia through improved road transport, and reduce the number of traffic accidents and their impact,” said Lamise Trading chairman Walid El Nahas.
Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles.
Kapsch boasted that it had successfully installed intelligent transportation systems in more than 50 countries around the world.