ST Engineering unit bags $1.47b worth of tolling system contracts in New Jersey

The contracts will last beyond 10 years.

ST Engineering's subsidiary TransCore LP (TransCore) secured two contracts worth $1.47b to modernise toll collection systems in New Jersey.

In a bourse filing, ST Engineering said TransCore bagged the $1.25b contract from New Jersey Turnpike Authority (NJTA) and inkled the $218.2m deal with South Jersey Transport Authority (SJTA).

Under the 10-year NJTA project, TransCore will design, install, operate, and maintain the tolling systems on the 241km Garden State Parkway and 209km New Jersey Turnpike.

For the STJA project, TransCore will work on the design, installation, operation and maintenance of an All-Electronic Tolling (AET) system on the 72km Atlantic City Expressway for 12 years.

TransCore will implement its flagship Infinity Digital Lane SystemTM to replace the existing tolling infrastructure and serve as a system integrator for the two agencies.

Follow the link for more news on

ST Engineering

ST Engineering contracts

Also Read

Institution of Engineers sets up new board to promote faster chartership registration

Hanwha raises offer to $0.67 to acquire full control of Dyna-Mac Holdings

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit