MHI to Promote Integrated Urban Road Pricing Business Worldwide with Mitsubishi Corporation and MSI Global.

From: JCN Newswires | Date: February 9, 2006 | Copyright information

Tokyo, Japan, Feb 9, 2006 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI), Mitsubishi Corporation and MSI Global Pte Ltd. of Singapore have agreed to jointly promote Integrated Urban Road Pricing (IURP) business. With IURP, the team will, on behalf of its clients, seek to ease traffic congestion in urban areas by levying fees on motor vehicles entering specified districts, on a pay-per-use basis. Applying MHI's experience and know-how in implementing the world's first e...

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