Mobitec wins record order for Dubai bus displays
Sweden's Mobitec Group has been chosen to supply electronic information display systems (EIDS) for a major fleet of new buses in Dubai. An initial framework agreement is potentially worth more than US$8m, with other orders expected.
The Dubai Roads and Transport Authority's Public Transport Agency has a procurement programme for more than 1,600 double-decker, standard, and articulated buses of various sizes, which will be supplied by several manufacturers. This is believed to be one of the largest bus vehicle procurements ever made worldwide.
David L Turney, president and chief executive officer of Mobitec parent DRI Corporation, said: "Our part of the EIDS orders will come from several of the bus vehicle manufacturers and should encompass the supply of EIDS to a majority of the total bus vehicles ordered by RTA. In the initial phase of this expected order activity, Mobitec Group has executed a three-year frame agreement to supply EIDS to one of the bus vehicle manufacturers associated with this procurement. The agreement, which specifically includes RTA, may provide more than US$8m in potential revenues for the company as related specifically to RTA’s requirements.
"Delivery is expected to start in mid-to-late first quarter, span all of 2009, and continue into 2010."