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ITS & Road Safety Forum Qatar 2013

The St. Regis Hotel, Doha, Qatar
16 – 17 September 2013

The Traffic Tech Group was a Silver Sponsor at the 2013 edition of the ITS & Road Safety Forum Qatar held from 16-17 September 2013 at the St. Regis Hotel in Doha. The event, themed “effectively integrating Intelligent Transport Systems and safety measures to enable smarter use of transport networks”, was commissioned by the Qatar Public Works Authority (Ashghal) in partnership with the Ministry of Interior and the National Traffic Safety Committee. Over 350 professionals from key government agencies, consultants, contractors and suppliers attended the event.

Traffic Tech's, presented a paper entitled, Qatar Truck Weigh Stations – Success, Challenges and Future CVO, where he discussed the successful implementation and benefits of the Truck Weigh Stations on Salwa International Highway, Dukhan, and North Road. He also stressed the opportunities of expanding these systems including its potential to form part of a wider ITS-CVO (Commercial Vehicle Operations) that would further enhance truck & freight traffic management throughout the country.

IPO Announcement
At the event’s exhibition that happened along-side the conference where Traffic Tech displayed up-to-date Traffic Management & ITS Solutions, the company announced its plans for an IPO (initial public offering) launch by 2015. The company intends to list on the Qatar Exchange as a public shareholding company that will open an excellent investment opportunity for the public. “Investors will find TTG shares attractive due to many factors including excellent growth and net profits that the company had throughout its 13 years of existence in Qatar, and huge mid to long term growth opportunities in the niche market of traffic management & ITS where the company is specialized”.

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