ISUZU APPLAUDS $55M FEDERAL GOVERNMENT GRANT
Isuzu Australia Limited (IAL) Director and Chief Operating Officer, Phil Taylor, has praised the Federal Government’s foresight in investing in the future of Australia’s road network.
Mr Taylor said the Government’s decision to award a 10-year, $55 million grant to the iMOVE Co-operative Research Centre (CRC) to help develop Intelligent Transport Systems (ITS), is an excellent step towards a smarter, more efficient national transport approach.
The funding will help iMOVE CRC further their work in utilising cutting-edge vehicle technologies to smooth traffic flows and investigate systems that allow for the efficient transport of goods.
In announcing the funding, Federal Minister for Industry, Innovation and Science, Arthur Sinodinos, said iMOVE CRC’s work would have wide-ranging benefits for the whole of Australia.
“The outcomes are reduced congestion, fuel use and emissions and improved national productivity and competitiveness,” he said.
Mr Taylor mirrored these sentiments, saying iMOVE CRC’s research will be beneficial for every road user and the freight transport industry specifically.
“As manufacturers strive to develop vehicles that operate more efficiently, and have less of an impact on the environment, this decision reaffirms that the Government is working towards the same goal,” he said.
“This substantial grant proves that the Australian Government is serious about tackling the growing national freight task, and that they are committed to making this expansion as smooth as possible.
In its application for the grant, iMOVE CRC said the progressive deployment of ITS technology will drive higher levels of productivity within the Australian transport system.
Their research will aim to enhance users’ travel experiences with richer, real-time data, and more predictive analysis.
For further information, please contact:
Isuzu Australia Limited
Phone: 03 9644 6666
For Isuzu Truck Releases and Photos:
Phone: 03 9867 5611