Turkish transport firm seeks GCC partnerships

Published May 25th, 2003 - 02:00 GMT
Al Bawaba
Al Bawaba

Turkey’s ISBAK company, dealing with Intelligent transportation systems (ITS), is seeking to partner Gulf Cooperation Council (GCC) associates to penetrate the region's multi-billion dollar traffic and transport sector. 

 

The Turkish company is hoping to seal associations and partnerships at the Gulf Traffic exhibition and conference, which will run from December 8-11 at the Dubai International Exhibition Center.  

 

"Our interest is a reflection of the speed at which this segment is evolving throughout the Middle East," said Derya Demir, ISBAK's International Business and marketing manager. "Though many of the projects on regional drawing boards require the redevelopment of narrow city centers, the region has huge development plans, often on virgin land, where the very latest techniques and equipment can be utilized." 

 

Demonstrations will center around Secufare, the world's first secured ticketing system which helped Istanbul Municipality increase its revenue by 23 percent a month, and ISBAK's  

intersection controller. 

 

ISBAK, which also provides consultancy on traffic and transport planning and engineering, will also demonstrate digital management systems, which can achieve 24-hour control of traffic flow in big cities. 

 

"Traffic congestion is a relatively new phenomenon within the Gulf but one which is an increasing problem. Regional authorities are allocating huge budgets for new roads and systems to ease and control traffic flow and I.T.S. systems are high on the specification list," said Davyd Farrell of IIR Exhibitions and Conference, which organizes Gulf Traffic. — (menareport.com) 

© 2003 Mena Report (www.menareport.com)