Joint venture to develop advanced public transport systems for UAE

RATP Dev, the international subsidiary of French state-owned public transport operator RATP Group, and Zain Capital, part of the Lakhraim Business Group, have established a new joint venture in the UAE to provide advanced public transportation solutions. RATP Dev Transportation will be based in Abu Dhabi. In June 2015, RATP Dev signed a partnership with Lakhraim Business Group to set up a joint venture targeting the leading transport projects in the UAE. RATP Dev is currently working on large-scale projects
April 27, 2016 Read time: 2 mins

4223 RATP Dev, the international subsidiary of French state-owned public transport operator RATP Group, and Zain Capital, part of the Lakhraim Business Group, have established a new joint venture in the UAE to provide advanced public transportation solutions.

RATP Dev Transportation will be based in Abu Dhabi. In June 2015, RATP Dev signed a partnership with Lakhraim Business Group to set up a joint venture targeting the leading transport projects in the UAE.

RATP Dev is currently working on large-scale projects to implement, operate and maintain public transportation systems across the region, from the first bus network in Riyadh, Saudi Arabia, to the first tramway system in Doha, Qatar.

The region has allocated over US$250 billion to various railway projects over the next decade, which will result in 67,000 km of railway tracks. Current investment in ongoing rail projects reached over US$180 billion in early 2013 and the most recent estimations suggest the region has approximately 34,000 km of completed tracks. The top eight projects have a combined budget of more than US$65 billion.

For more information on companies in this article

Related Content

  • EU identifies priorities for trans-European transport network until 2030
    January 20, 2015
    The European Commission has published nine studies on the state of play and the development needs of the Ten-T core network corridors. The studies have identified infrastructure development needs which represent approximately US$811 billion of financial investment until 2030. They highlight the importance of optimising the use of infrastructure along the corridors, notably through intelligent transport systems, efficient management and the promotion of future-oriented clean transport solutions. This is the
    Read More
  • Extra enforcement key to cutting road casualties in The Netherlands
    November 27, 2013
    While The Netherlands already has some of the safest roads in the world it has ambitious plans to make them safer still, as Jon Masters discovers. In virtually all periodical studies and comparisons of countries’ road safety performance, the Netherlands is consistently in the top three and often leads the world, depending on how casualty figures are compared. According to the International Traffic Safety Data & Analysis Group (IRTAD) of the International Transport Forum, road deaths per capita have falle
    Read More
  • GMV brings Spain’s regional public transport together
    July 25, 2024
    Spanish government plans to bring better connectivity to the country’s rural areas
    Read More
  • TfL shortlists bidders for Electra ticketing and fare collection
    August 5, 2013
    Transport for London (TfL) has announced the shortlisted bidders for its Electra contract to take the capital’s transport ticketing systems into the next decade. Cubic Transportation Systems, LG CNS Co CNF and Scheidt and Bachmann will be invited to submit detailed bids with the contract to be awarded by October 2014. The new contract will commence from August 2015 upon the expiry of TfL’s current contract for ticketing systems. The Electra contractor will assume responsibility for the provision and mainten
    Read More

Highlighted Content