Mikoh Corporation has been awarded an exclusive five-year partnership contract, with a five-year option, to implement a national EVR (Electronic Vehicle Registration) system in Thailand, the second-largest ASEAN economy.
Mikoh CEO Dr Paul Scully-Power said the voluntary transition to the EVR system in Thailand will commence in the second half of this year 2010 and that it is expected to become mandatory in the future. The company has partnered with two regionally based Thai companies for this project. Konlakorn is the lead partner and holder of the Government 10-year contract, and is responsible for financial backing, government liaison, and administration of the EVR infrastructure.
Konlakorn managing director Namchoke Somapa noted that Thailand has over 34 million registered vehicles, with four million new vehicle registrations anticipated per annum. Thailand needs a solution that solves a multitude of business issues as well as national security issues.
“Mikoh’s state-of-the-art technology offers a practical end-to-end solution and we are pleased to be partnered with them in this significant project, which will add value through providing electronic tolling, vehicle access control and parking management,” says Somapa.