Q-FREE WITHDRAWS FROM THE JAKARTA ERP TENDER PROCESS
Reference is made to the ongoing tender process for an Electronic Road Pricing (ERP) system in Jakarta, Indonesia. As previously communicated, a consortium with Q-Free was earlier this year prequalified as a potential system vendor. Q-Free has today decided to withdraw from the tender process and not pursue this opportunity further. Q-Free has a good and suitable technical solution for Jakarta. Hence, the decision to withdraw from the tender process is a consequence of the continued uncertainty regarding tender timeline/outcome, project structure and financing, and expected project