Dubai unveils 17 projects to boost transport sector

Dubai unveils 17 projects

 Dubai unveils 17 projects to boost transport sector

DubaiDubai: The Roads and Transport Authority (RTA) in Dubai on Sunday unveiled a new land transport logistics strategy hinged on 17 projects to raise the sector’s contribution to the emirate’s emirate’s economy by Dh16.8 billion in six years.

Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors, RTA, revealed details of the Dubai Commercial and Logistics Land Transport Strategy 2030. Along with a roadmap and associated projects, this strategy has been approved by the Dubai Executive Council, chaired by His Highness Sheikh Hamdan His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council.

The goal of the strategy is to double the direct contribution of the land transport and logistics sector to the emirate’s economy to D16.8 billion, increase the rate of technology adoption in the infrastructure by 75 per cent, reduce carbon emissions by 30 per cent, and improve operational efficiency by 10 per cent.

“The new strategy aligns with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. It aims to enhance Dubai’s global competitiveness as a leading financial, business, and economic hub and support the Dubai Economic Agenda [D33] to position Dubai as one of the top three economic cities in the world,” Al Tayer said.

The strategy focuses on regulating and governing the commercial transport sector in the emirate. It aims to identify developmental and innovative opportunities in the land-based commercial transport and logistics sector and to ensure that the sector’s objectives, legislation, and policies are incorporated through various implementable projects and programs. Additionally, it seeks to identify prospects for investment and partnerships with the private sector.”

The goal of the strategy is to double the direct contribution of the land transport and logistics sector to the emirate’s economy to D16.8 billion, increase the rate of technology adoption in the infrastructure by 75 per cent, reduce carbon emissions by 30 per cent, and improve operational efficiency by 10 per cent.

“The new strategy aligns with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. It aims to enhance Dubai’s global competitiveness as a leading financial, business, and economic hub and support the Dubai Economic Agenda [D33] to position Dubai as one of the top three economic cities in the world,” Al Tayer said.

Post a Comment

0 Comments