Go Plus considering holding company to oversee RFID car sticker system

Systems developer Go Plus is considering setting up a holding company to manage the RFID electronic car sticker system the company recently developed for the government, a source in the company told Al Mal. The Interior Ministry recently required car owners to attach encoded stickers to windshields in a move that followed amendments to the Traffic Act. Go Plus was contracted to supply 10 mn of those stickers by the end of June as part of a EGP 720 mn five-year project that will also see the company set up data centers and toll gates able to read the stickers on highways.