Kapsch: Successful Start of E-tolling in South Africa

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Gauteng/Vienna, December 13, 2013 – This month saw the start of e-tolling in South Africa, following an announcement by the country’s Minister of Transport, Dipuo Peters, on November 20. Kapsch TrafficCom reports that the number of active accounts has been consistently rising following the commencement of the e-toll project in Gauteng, on December 3. It is anticipated that this trend will continue.

Kapsch had completed the construction of the system, and was ready for its commencement at the time that the start date was announced. Says Georg Kapsch, global CEO of Kapsch, the technology infrastructure providers, “The delay in announcing the start date of e-tolls in South Africa restricted us from operating the service we were contracted to do within the timeline we anticipated. Nevertheless, we had been operating the system in a soft tolling environment awaiting a formal toll commencement date announcement. As an organisation, we are glad to be able to roll out our service offering as we do in many countries around the world. We are looking forward to demonstrating what our strength in delivery is.” The Gauteng Freeway Improvement Project (GFIP) is one of the largest electronic toll collection systems for open road tolling in the world.

Increased foreign investment in South Africa

During the preparation phase of this project the company has contributed to the South African economy through foreign direct investment, job creation and skills development. A large number of South African companies are involved in this project as subcontractors. Says Executive Board Member, Andre Laux, “Kapsch has created over 1,500 jobs in South Africa. Our in-country leadership ensured that these staff members remained motivated and were strategically up-skilled in the lead-up to commencement”. “We are confident of the success of the project in South Africa and look forward to continuing our work and adding value to the country through infrastructure development,” concludes Mr Kapsch.

Kapsch TrafficCom is a provider of intelligent transportation systems (ITS) in the application fields of road user charging, urban access and parking, road safety enforcement, commercial vehicle operations, electronic vehicle registration, traffic management and V2X cooperative systems. Kapsch TrafficCom covers with end-to-end solutions the entire value creation chain of its customers as a one-stop shop, from components and subsystems to their integration and operation. The solutions of Kapsch TrafficCom help to provide funding for infrastructure projects, to increase traffic safety, to optimize traffic flow, and to reduce environmental pollution from traffic. The core business is to design, build and operate electronic toll collection systems for multi-lane free-flow traffic. References in 43 countries on all continents make Kapsch TrafficCom a recognized supplier of electronic toll collection worldwide. As part of the Kapsch Group, a family-owned Austrian technology group founded in 1892, Kapsch TrafficCom, headquartered in Vienna, Austria, has subsidiaries and representative offices in 33 countries, has been listed on the Vienna Stock Exchange (KTCG) since 2007, and generated with more than 3,000 employees revenues of EUR 488.9 million in fiscal year 2012/13.

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South Africa, toll system

Press contact:

Katharina Riedl
Kapsch AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50811 1705
E-mail katharina.riedl@kapsch.net

Investor contact:

Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50811 1120
E-mail ir.kapschtraffic@kapsch.net


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