March 5, 2024
Real Estate Business GCC UAE

Dubai’s RTA approves 10 projects in partnership with private sector

AED2.5 billion projects aim to boost Dubai’s economic growth

Dubai’s Roads and Transport Authority (RTA) has approved 10 projects in Dubai emirate with an estimated value of AED2.5 billion placed under the emirate’s 2024-2026 Dubai Portfolio for Public-Private Partnership (PPP) programme.

The programme conforms to the Dubai government’s strategy to boost Dubai’s economic growth by expanding the role of the private sector in developing infrastructure and delivering public services.

Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors, Dubai’s RTA, said: “The endorsement of the PPP portfolio stems from [Dubai] RTA’s commitment to enhancing partnership with the private sector.

Pioneering role

“[Dubai’s] RTA has a track record of pioneering infrastructure projects in the fields of roads and transport. Notable among these is the project to establish three rest stops for trucks, along with 16 laybys for trucks strategically located across the emirate. The project is the first in the [Middle East] region.”

Private
The PPP initiative involves flying taxis in Dubai. Image: Dubai’s RTA

According to Al Tayer, key partnership projects undertaken with the private sector in Dubai include the Careem bike share integrated bicycle network. This project syncs with Dubai RTA’s efforts to enhance the integration of multi-modal mobility means by facilitating individual mobility journeys and seamlessly connecting them with public transport options in Dubai.

“The project contributes to sustainability in Dubai and encourages a healthy lifestyle by offering alternative transportation choices and improving movement within communities,” Al Tayer added.

Other projects undertaken by Dubai’s RTA with the private sector include a logistics transportation platform and the operation and maintenance of Dubai Metro and Dubai Tram networks.

Union 71 project

Among the 2024-2026 Dubai Portfolio for PPP initiative is Union 71 project, a residential-cum-commercial complex near Dubai Metro’s Union Station. This urban transit-oriented development project integrates with the underground station.

“The Dubai portfolio also comprises multi-level parking terminals in Port Saeed and Al Karama, smart street lighting; aerial taxis; smart platforms for transport and rental vehicles; housing quarters for [Dubai’s RTA] drivers in Al Khawaneej, Al Ruwayah, Al Awir, and Jebel Ali; upgrading the commercial assets at Al Karama bus station; and a sky garden suspended bridge over Dubai Creek,” Al Tayer added.

Featured image: Union 71 is an urban transit-oriented development project that Dubai RTA is developing on PPP lines. Image: Dubai’s RTA

Last Updated on 6 days by Arnold Pinto

    Arnold Pinto

    Arnold Pinto

    Arnold Pinto is an award-winning journalist with wide-ranging Middle East and Asia experience in the tech, space, aerospace, aviation, defence, luxury watchmaking, business, fashion, and automotive verticals. He is passionate about conserving endangered native wildlife globally and protecting the world’s oceans from plastic pollution, overfishing, and climate change. Arnold enjoys 4x4 off-roading, camping and exploring global destinations off the beaten track.
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