Dubai's RTA plans US$985 million project spend in 2014

Dubai's transport authority has approved a budget of just over US$1.9 billion for this year, with more than half allocated to new projects. Mattar Al Tayer, chairman and executive director of the Roads and Transport Authority (RTA) said around a third of the budget will be allocated to the Traffic and Roads Agency, a third to the Rail Agency, 13 per cent to the Public Transport Agency, and 17 per cent to be shared between the Licensing Agency, Administrative Support Services Sector, and Technical Support
February 10, 2014 Read time: 2 mins
Dubai's transport authority has approved a budget of just over US$1.9 billion for this year, with more than half allocated to new projects.

Mattar Al Tayer, chairman and executive director of the Roads and Transport Authority (RTA) said around a third of the budget will be allocated to the Traffic and Roads Agency, a third to the Rail Agency, 13 per cent to the Public Transport Agency, and 17 per cent to be shared between the Licensing Agency, Administrative Support Services Sector, and Technical Support Services Sector, and one per cent to other agencies.

The approved projects budget is estimated as US$985 million which will be allocated for constructing around 99 projects; comprising 50 new projects to be undertaken in roads, marine transport and public transport sector, and 49 projects currently underway. Among the projects to be completed in 2014 will be the Dubai Tram, which is expected to be opened in November this year, and by the end of the year, the RTA plans to award a contract for constructing the twelve-lane Etihad Bridge, which will replace the existing floating bridge.

Related Content

  • US economic stimulus package highlights ITS technology
    July 17, 2012
    US Secretary of Transportation Ray LaHood talks to ITS International about economic stimulus funding and the absolute need to maintain and increase the use of technology in transportation. Of the total of $787 billion of funding announced under the American Recovery and Reinvestment Act (ARRA), the economic stimulus package which was signed into law by US President Barack Obama on 17 February 2009, $48.1 billion will go to the US Department of Transportation (USDOT). Of that, $27.5 billion is for highway in
    Read More
  • Record-breaking year for US toll facilities, says IBTTA
    April 1, 2016
    Last year (2015) was a record-breaking year for toll road, bridge and tunnel usage according to a new report from the International Bridge, Tunnel and Turnpike Association (IBTTA). The National Toll Facilities Usage Analysis found that drivers' use of toll roads increased by seven per cent between 2014 and 2015, a record-breaking rate of growth that puts tolling usage on pace to double in less than ten years, says IBTTA. The analysis was compiled by collecting data from 31 toll-operated facilities acros
    Read More
  • Mounting benefits of dynamic tolling project
    January 30, 2012
    Wisconsin's four-year HOT lanes pilot project, launched in May 2008, cost US$18.8 million to construct. Halfway into the project, which uses variably priced, or dynamic, tolling to improve highway efficiency, the benefits are mounting. The problem was obvious, and frustrating, to anyone who ever sat in bumper-to-bumper traffic on State Route 167 and watched a lone car whiz by every 20 seconds or so in the carpool lane. But for planners at the Washington State Department of Transportation, the conundrum was
    Read More
  • Russia to spend US$2.3 billion on developing St Petersburg Metro
    September 19, 2013
    St Petersburg, Russia anticipates a 1.5 fold increase in subway development financing in 2014, and has allocated around US$2.3 billion in its draft budget for 2014-2016. One of the deepest metro systems in the world, St Petersburg's Metro has a total length of 113.5 km and 67 stations, one of which is 86 metres below ground. Serving 2.15 million passengers daily, it is also one of the busiest metro systems in the world.
    Read More

Highlighted Content