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

  • Ability to keep in touch on US buses woos travellers
    February 1, 2012
    David Crawford finds evidence of a new trend in American intercity travel: that better access to data sources on the move is tempting passengers away from air travel and onto surface modes. In the US the ease of use of Portable Electronic Devices (PEDs) is successfully wooing long-distance travellers away from airlines and onto surface public transport, according to just-published research. Using data from field observations of 7,028 passengers travelling by bus, air and train in 14 US states and the Distri
    Read More
  • Ability to keep in touch on US buses woos travellers
    February 1, 2012
    David Crawford finds evidence of a new trend in American intercity travel: that better access to data sources on the move is tempting passengers away from air travel and onto surface modes. In the US the ease of use of Portable Electronic Devices (PEDs) is successfully wooing long-distance travellers away from airlines and onto surface public transport, according to just-published research. Using data from field observations of 7,028 passengers travelling by bus, air and train in 14 US states and the Distri
    Read More
  • Columbia goes intermodal to support sustainability
    April 10, 2014
    David Crawford on the ups and downs of a Latin metropolis. Medellín, Colombia’s second city and a recognised leader in sustainable transport thinking, is rapidly extending its substantial existing investment in modern mobility. It is deploying both an enhanced integrated traffic management array and the country’s first intermodal public transportation management system. The supplier of both, under separate €9 million (US$12.3 million) contracts, is Spanish engineering company Indra, a major exporter
    Read More
  • Brisbane to build combined road/rail tunnel
    November 22, 2013
    Australia’s Queensland Government has revealed concept designs for what would be the world’s first double-deck bus and rail tunnel to replace the planned Cross River Rail project. The 15 metres wide, the US$4.6 billion underground bus and train (UBAT) tunnel would be capable of accommodating a double-track railway and two bus lanes with three underground combined bus-and-rail stations. In a statement outlining the UBAT programme, Premier Campbell Newman said: “The project we are announcing today deliver
    Read More

Highlighted Content