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

  • Milwaukee’s bus service offers jobs lifeline
    November 23, 2018
    A bus-to-jobs project in Milwaukee provides a useful service for low-paid workers. A new report shows the economic impact of potential closure on local employers - and demonstrates the importance of public transit networks for disadvantaged communities The city of Milwaukee, Wisconsin, has a problem. Getting people into out-of-town districts for work is an engine of economic growth, but it costs money. The Milwaukee County Transit System (MCTS) bus routes 6 and 61 - also known as JobLines - provide acces
    Read More
  • Buttigieg 'to put $150bn' into public transit
    January 20, 2021
    Cash part of proposed $1 trillion infrastructure package from new US administration
    Read More
  • Growth of fleet management systems in Russia/CIS and Eastern Europe
    July 4, 2014
    According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Russia/CIS and Eastern Europe was 2.9 million in the fourth quarter of 2013. Growing at a compound annual growth rate (CAGR) of 15.7 per cent, this number is expected to reach 5.9 million by 2018. The Russian market accounts for a significant share of the region’s total installed base. The top ten providers of fleet management solutions for commercial v
    Read More
  • Driverless vehicles ‘need quality road markings’
    September 20, 2013
    UK company Quality Marking Systems has released its comments on a recent road safety article in the Road Safety Markings Association’s (RSMA’s) Top Marks magazine entitled ‘ERF at the forefront of improving road safety in Europe’. The article examines the growing importance of a well maintained road infrastructure and indicates that the European Union Road Federation (ERF) has initiated a very promising cooperation with the European Road Assessment Programme and the European Association of Vehicle Manuf
    Read More

Highlighted Content