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

  • Volvo and KPMG find buses are key to urban air quality
    September 13, 2016
    Buses can play a key role in the battle to improve air quality in towns and cities as David Crawford discovers. A city with a population of half a million would gain about US$12.3 million in annualised societal savings if all its buses ran on electricity instead of diesel. This is the conclusion of a wide-ranging analysis carried out by Swedish bus manufacturer Volvo Group and global business consultants KPMG.
    Read More
  • EU support for rail improvements in the UK to bring faster travel times
    December 12, 2012
    The European Union is to co-finance a project to electrify a 58 km section of British rail infrastructure with US$6.5 million from the TEN-T Programme. The project, which was selected for funding under the 2011 TEN-T Annual Call, is part of the Railway/road axis Ireland/United Kingdom/continental Europe TEN-T Priority Project 26, and will bring considerable benefits to rail traffic in the area. The project consists of the works necessary to install a 25kV AC overhead electrification line on a 58 km single
    Read More
  • Vehicle probe data aids emergency rescue vehicle routing
    June 20, 2012
    A new vehicle routeing initiative has arisen to help improve emergency response and relief following natural disasters in Japan. David Crawford reports Japan’s national ITS group ITS Japan and the country’s leading automotives have agreed on a new combined approach to the organisation of traffic management and emergency response in the wake of major natural disasters. A new, robust traffic information platform using probe data obtained from vehicles to support traffic flow will build on the shared experienc
    Read More
  • UK rail passengers to benefit from new five-year plan
    April 2, 2014
    A route-by-route plan for how an ambitious five-year programme to invest US$63 billion in the UK’s railways will take shape has been unveiled. The programme, starting this week, will involve the largest modernisation of the railways since Victorian times, funding projects across the whole of the UK and building on the work that is already under way. The five-year plan for Network Rail’s new funding period, which started on 1 April 2014, will target the busiest parts of Britain’s rail network, providing
    Read More

Highlighted Content