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.

Related Content

  • December 16, 2016
    Video analytics enhances urban rail safety
    David Crawford explores some promising innovations for North American commuters. North America is experiencing a surge in commuter rail and metro development. The US now has 75 light rail and metro networks in operation; and California, in particular, is actively exploring ways of developing the state’s existing passenger rail operations into a fully integrated system.
    Read More
  • November 7, 2016
    UK’S infrastructure on the up, but now it’s all about delivery – CBI/AECOM
    Almost half of firms believe the UK’s infrastructure has improved over the past five years, but only a quarter think it will pick up in the next five years, and two thirds suspect it will hamper the country’s international competitiveness in the coming decades, according to the 2016 CBI/AECOM Infrastructure Survey.
    Read More
  • October 5, 2016
    New riders get onboard the metabustrip
    Bus travel booking is moving into the digital age as David Crawford discovers. A global surge in demand for intercity bus travel is fuelling new initiatives to make it easier for passengers to access information and book via the web by, fo example, using multi-sourced metasearch engines
    Read More
  • April 18, 2012
    Key Russian PPP project
    The Northern Capital Highway (NCH) consortium has been named the preferred bidder in the tender for the central section of St Petersburg’s Western High-Speed Diameter (WHSD) project. Should NCH win the tender process it will build and then operate the entire stretch of the toll road. The consortium comprises VTB Capital and Gazprombank from Russia in partnership with Italian company Astaldi and Turkish firm Ictas Insaat.
    Read More

Highlighted Content