KUALA LUMPUR: ITMAX System Bhd has secured a contract worth RM111.24mil from Iskandar Puteri City Council (MBIP) for the provision of video surveillance and smart traffic light system services.
In a filing with Bursa Malaysia, ITMAX said its 65% owned subsidiary, Southmax Sdn Bhd (SSB) accepted a letter of award from MBIP in relation to the provision of video surveillance and smart traffic light system services which includes a closed circuit camera system with artificial intelligence features and a smart traffic light system on a service subscription basis.
Under the terms of the contract, ITMAX is responsible for designing, installing, and maintaining a smart command centre, closed circuit camera system with artificial intelligence features as well as smart traffic light system within the city of Iskandar Puteri for a period of 15 years on a service subscription basis.
“Under this contract, we are providing networked video surveillance system together with smart traffic light system simultaneously in the city of Iskandar Puteri. As ITMAX developed these systems, we have designed it to seamlessly integrate with each other, contributing to a more comprehensive approach to building a smart city,” managing director/chief executive officer William Tan Wei Lun said in a statement.
“This achievement is premised on the confidence that the city councils have placed in ITMAX. Our proven live model in Kuala Lumpur serves as a testament of the effectiveness in our smart city solutions to enhance the quality of life for residents in the city while achieving cost savings for respective city councils,” he added.