Sensys Gatso, through its 40% joint venture share in NTMEL, signs an 11 year TRaaS contract with the Government of Ghana estimated at SEK 800 million in revenues
Sensys Gatso Group, a global leader in traffic safety solutions, through its 40% joint venture share in Nationwide Traffic Management & Enforcement Ltd (NTMEL), has been awarded an 11 year contract by the Government of Ghana to Design, Build, Finance, Operate and Maintain a national road safety program. Revenue generation is expected to start in the second half of 2024. Program transfer is scheduled for the end of 2033. Total contract value for the joint venture over the term of the contract is estimated at SEK 800 million.In line with Ghana’s National PPP Policy, the contract has gone