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

  • Jenoptik to install enforcement systems in Oman
    September 14, 2012
    German traffic solutions manufacturer, Jenoptik, which has already successfully installed systems in several Middle East states, including Abu Dhabi, Dubai, Qatar, Kuwait, Oman and Saudi Arabia, is to equip a further 600 sites in Oman with their latest speed and red-light monitoring systems. They will also provide assistance with planning, carry out training, upgrade existing systems, supply and install software for an efficient incident processing centre and support the commissioning process.
    Read More
  • Full analysis: Massive US EV infrastructure plan
    February 21, 2023
    The White House has announced a huge financial boost, new standards, and major progress for a made-in-America national network of EV chargers to support the future of US EV charging
    Read More
  • Autonomous taxi hits Abu Dhabi streets 
    February 17, 2022
    Bayanat and WeRide are behind phase one trial of TXAI service, with phase two in mid-2022
    Read More
  • US eyes European model for Illinois toll road upgrade
    May 30, 2014
    David Crawford welcomes the adoption of European-style ITS technology by the US. The Jane Addams Memorial Tollway in Illinois, US is well on the way towards becoming a ‘smart traffic corridor’, taking full advantage of active traffic management (ATM or ‘managed lanes’) technology that originated in Europe. It is one of the first American toll roads to do so; preliminary work began in 2014 and will continue through to 2016. Jane Addams is one of four toll roads operated by the publicly-owned Illinois State T
    Read More

Highlighted Content