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

  • Underground DART plan back on track
    May 7, 2014
    Irish Rail is set to proceed with the US$2.8 billion underground second DART rail line through the heart of Dublin city centre, following a recent High Court decision which gave the green light for the project. The line, which would run from Docklands to Inchicore, would complete the trebling of the Greater Dublin area's rail service capacity from 33 million passenger journeys annually now to 100 million passenger journeys upon completion.
    Read More
  • Scania and RATP to upgrade Ouagadougou’s bus system
    July 25, 2018
    In Burkina Faso’s capital city Ouagadougou, Scania and RATP are working with the West Africa country’s government to provide a modern and efficient bus system. Through the two-year agreement, 460 buses and 90 coaches will be added to the network. The partnership says the first 225 buses will be delivered in 2019. Scania's eventual aim is to operate the entire fleet on biodiesel and biogas. Additionally, the project also includes establishing a bus depot, building bus stops and bus lanes as well as tra
    Read More
  • New era of MAX transport for Perth
    August 19, 2013
    A joint venture of Parsons Brinckerhoff and Aecom has been selected by Western Australia’s Department of Transport (DoT) to form an integrated services team for the next phase of the 22 km Metro Area Express (MAX) light rail network. The JV is working with the DoT to develop a robust business case for the US$1.8 billion project that will change the face of Perth’s transport network. MAX project director for the DoT, David Thomas, said the project will introduce a new era of public transport to Perth. “MAX w
    Read More
  • A carbon free and accident free Europe by 2015?
    February 2, 2012
    By 2050, the Europe Commission aims to make transport in Europe carbon- and accident-free. Between now and then, however, a significant technological development and deployment effort is needed. Here, Neelie Kroes, European Commission Vice-President for the Digital Agenda, talks about what's being done. In many respects, COOPERS, CVIS and SAFESPOT, set up by the European Commission (EC) to explore the potential of cooperative infrastructure systems, are already legacy projects. Between them, the three devel
    Read More

Highlighted Content