ITMAX bags 10-year contract to operate, manage smart parking in Shah Alam
The company today said its subsidiary Selmax Sdn Bhd had been appointed by Shah Alam City Council (MBSA) as the operator for the Selangor Intelligent Parking (SIP) system.
Under the SIP, Selmax will deploy, manage and operate all gazetted parking bays within MBSA's jurisdiction.
The contract has a tenure of 10 years, with an option for a five-year extension.
The contract will be executed under a revenue-sharing model, with Selmax entitled to 50 per cent of revenue generated from parking fees and compound collections.
"We are honoured to be appointed once again as the SIP operator in Selangor, marking our second smart parking contract in the state," ITMAX managing director and chief executive officer William Tan Wei Lun said.
"This appointment reaffirms our role as a trusted technology partner in supporting local councils to modernise urban mobility."
Through the integration of advanced artificial intelliegnce CCTV monitoring and mobile patrol licence plate recognition technologies, the company aims to significantly improve parking compliance, operational efficiency and public safety, he added.
"With a proven track record in delivering smart city infrastructure, we are confident in our ability to contribute meaningfully to Selangor's broader Smart City agenda and accelerate the digital transformation of public services."
Tan said the company is looking forward to extending its solutions to more municipalities across the state.
ITAX last Friday announced that it had secured a 10-year contract from the Subang Jaya City Council (MBSJ) to operate and manage the SIP system within the city.
The contract is for 10 years, with an option for a further five years.
Selmax will be responsible for deploying, managing and operating all gazetted car park spaces under MBSJ's jurisdiction.
The company will work alongside Rantaian Mesra Sdn Bhd, a wholly-owned unit of Menteri Besar Selangor (Incorporation), which has been appointed as the SIP system provider under the same arrangement.
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