This entry was posted on Wednesday, February 18th, 2004 at 13:53 and is filed under News & Articles. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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Wednesday, February 18, 2004
Well, they may have the worlds fastest freeway, but their seeming to be having use with have the worlds most technically advanced toll-booth. BBC is reporting that Germany could stand to loose millions since this new system isn’t working as it was suppose to…months ago.
A pioneering German project to collect road tolls using satellite technology has suffered a setback which could cost the state up to $8.3bn in lost revenue.
The German government has cancelled its contract with a consortium of top companies – called Toll Collect – because of costly delays.
Transport Minister Manfred Stolpe said the debacle was damaging to Germany’s image and a blow to innovation. [Full Text]
