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Dubai traffic management investor to inject over USD60 mln
“The installation of the Smart Traffic Management System will benefit Zimbabwe in a number of ways including the following: enforcement of the law by bringing to book all traffic regulation violators’
A DUBAI-BASED company that specialises in Smart Traffic Management Systems (STMS), Vitronic Machine Vision Middle East, will initially invest between US$60 to 80 million in installation of the Smart Traffic Management System
Cabinet has approved the engagement of Vitronic Machine Vision Middle East in implementing an SMTS in Zimbabwe following a report presented by Home Affairs and Cultural Heritage minister Kazembe Kazembe.
The company visited the country recently to carry out a feasibility study and engage key stakeholders.
The project will be implemented under a Public-Private-Partnership model and will, at inception, be implemented in Harare and Bulawayo Metropolitan provinces.
“The installation of the Smart Traffic Management System will benefit Zimbabwe in a number of ways including the following: enforcement of the law by bringing to book all traffic regulation violators; reduction of road carnage; reduction of traffic congestion in the Central Business District; reduction in corruption as there will be minimal human intervention; improved revenue streams for Government which will be used to improve policing; and improved national security as intelligent cameras will be installed and linked to the database of stolen vehicles and wanted criminals,” reads part of Kazembe’s report.
The company will recover its investment from fines paid for traffic violations through a revenue sharing arrangement.
The company has installed similar systems in a number of countries including Morocco, Rwanda, United Arab Emirates, Saudi Arabia, France, Germany and Belarus.