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FINWIRES

Chinasoft International Wins Smart Transportation Contract Worth 245 Million Yuan

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Chinasoft International (HKG:0354) won a contract worth 245.2 million yuan for the 2026-2027 Xi'an Smart Transportation Construction Project.

The company was the lead member of a consortium that won the project, to develop an AI-driven traffic dispatch and management system covering Xi'an's core urban area, including real-time traffic monitoring, intelligent incident detection, emergency response and data integration across multiple government departments, according to a Hong Kong bourse filing.

The project will also upgrade the city's intelligent traffic perception network across 4,082 traffic sites, with 2,290 sites planned for the first phase. It will include 145 traffic weather-monitoring facilities and 85 mobile perception systems.

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