LTA has shortlisted three consortia to participate in the upcoming tender to develop the next generation road pricing system. They are NCS, MHI Engine System Asia, ST Electronics (Info-Comm Systems), and Watchdata Technologies and Beijing Watchdata System.
According to LTA, this new system will overcome the constraints of physical gantries, which are costly and take up land space. Distance-based pricing as opposed to the current gantry-based system, is supposed to be more equitable as motorists will be charged proportionate to the distance travelled on these congested roads.
Following an 18-month System Evaluation Test (SET) that concluded in Dec 2012, LTA said that it has found that it is technologically feasible to develop a GNSS-based road pricing system in Singapore. The contract to design and develop the system is expected to be awarded in the second half of 2015.
Source: Informed Infrastructure