ISTANBUL (Turkey), August 11 (SeeNews) – Turkish defence company Aselsan [BIST:ASELS] said on Monday it has signed an 18.7 million Turkish lira ($8.7 million/6.5 million euro) contract with the government to install a traffic management system in Istanbul.
The works envisaged in the contract will be completed within 330 days, Aselsan said in a statement, adding that it will start working on the project following the delivery of site.
The traffic management systems will be installed between O-4 Highway Gebze Junction and İzmit West Junction.
(1 euro = 2.8805 Turkish lira)