International Road Dynamics Wins C$769K Contract In Mongolia From MCS Electronics - Quick Facts

(RTTNews) - International Road Dynamics Inc. (IRD.TO: News ) said it received a new contract in Mongolia from MCS Electronics valued at C$769,000. The contract involves the supply of a toll system at 4 plazas as well as 4 pre-selection slow speed Weigh-in-Motion sorting systems to keep overloaded trucks off the road. Further, the contract involves the use of RFID tags and readers to collect tolls from the trucks using the toll way. MCS Electronics would act as the contractor for this project which is scheduled to be commissioned in early 2011.

The project involves the supply and installation of IRD's Weigh-in-Motion and toll collection systems along the Tavan Tolgoi - Gashuun Sukhait toll road, a crucial route being used to enhance mining development and expansion in the Gobi region bordering China. The toll road is built to transport coal to China from the Ukhaa Khudag coal deposit, a high quality coal deposit in Mongolia.

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by RTT Staff Writer

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