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

  • Europe’s public transport ITS market expected to exceed US$1.9 billion by 2017
    November 18, 2013
    According to new research from the analyst firm Berg Insight, the market value for public transport intelligent transport systems (ITS) in Europe was US$1.3 billion in 2012. Growing at a compound annual growth rate of nine per cent, the market is expected to reach US$1.9 billion by 2017. Berg Insight suggests that the European market for ITS for public transport is in a growth phase which will continue throughout the forecasted period. The fluctuating economic climate has in most countries had little eff
    Read More
  • Europe’s EasyWay project accommodates political requirements
    May 29, 2013
    The EasyWay project has evolved to take account of political developments at the European level. By Jason Barnes The European Union’s (EU’s) EasyWay ITS deployment project has its roots in the ambitions of former European Commission President Jacques Delors with regard to truly international networks for energy, information and for transport. Definition of what became known as the Trans-European Transport Network (TEN-T) began back in 1994 with seven working groups. They produced an R&D and policy framework
    Read More
  • Report highlights community impact of new mobility options
    March 29, 2018
    Local authorities and communities must understand the impacts of the new mobility options and regulate to get the transport systems they want, according to a new report. Colin Sowman takes a look. Outside of the big cities plagued with congestion, the existing transportation system(s) often cope adequately, and the ongoing workload (maintenance, safety…) is more than enough to keep local transport authorities busy. Is it, therefore, a good use of public service employees’ time to keep abreast of the raft
    Read More
  • Report highlights community impact of new mobility options
    March 29, 2018
    Local authorities and communities must understand the impacts of the new mobility options and regulate to get the transport systems they want, according to a new report. Colin Sowman takes a look. Outside of the big cities plagued with congestion, the existing transportation system(s) often cope adequately, and the ongoing workload (maintenance, safety…) is more than enough to keep local transport authorities busy. Is it, therefore, a good use of public service employees’ time to keep abreast of the raft
    Read More

Highlighted Content