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Insights on the Adaptive Traffic Control System Global Market to 2028 - by Component, Type, Application and Geography


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The adaptive traffic control system market was valued at US$ 4,307.45 million in 2020 and is projected to reach US$ 15,058.53 million by 2028; it is expected to grow at a CAGR of 17.8% from 2021 to 2028.
Adaptive traffic control system is a solution designed and developed to manage the growing traffic issues faced by the metropolitan cities. The adaptive traffic control system analyses the flow of traffic in real-time and accordingly adjust the traffic signals split timings to optimize the flow of the traffic in order reduce and avoid congestions on the road. The adaptive traffic control system is combination of hardware and software components which allows operators to gather data regarding the flow of traffic from each intersection of the city in order to minimize delays and stops. The system improves the travel time significantly by gradually moving the traffic through green lights to crea ....

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Traffic management deal: Don't blame Parliament for looming judgement debt – Assibey-Yeboah


Traffic management deal: Don t blame Parliament for looming judgement debt – Assibey-Yeboah
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FEB 15, 2021
The immediate-past Chairman of Parliament’s Finance Committee, Dr. Mark Assibey-Yeboah says the lawmaking House cannot be blamed for the looming judgement debt arising from Ghana’s termination of the intelligent traffic management system deal with Chinese company, Beijing Everyway.
The private construction company has filed a lawsuit against the Government of Ghana in the London court of international arbitration to demand $55 million from Ghana for cancelling the contract.
Many are calling for sanctions against individuals and Parliament over the development which they believe is due to their negligence. ....

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