Gulf News

RTA projects saved Dh262b for Dubai

For every dirham invested in roads, RTA realised value of Dh8.8

- BY JAYA CHANDRAN Online Editor

Various infrastruc­ture projects commission­ed by Dubai’s Roads and Transport Authority (RTA) from 2006 have saved Dh262 billion, Mattar Al Tayer, director general and chairman of RTA has revealed.

Huge returns

These savings are primarily from reduced time, and fuel wasted due to traffic congestion. At the same time, the amount allocated by the government for the developmen­t of roads and transport systems during that period was Dh140 billion.

These figures were revealed by Al Tayer when he was delivering a keynote address titled ‘Leading Mega Projects and Strategic Transforma­tions’ at the ninth edition of the Dubai Internatio­nal Projects Management

Forum in Dubai. The number of public transport riders skyrockete­d from 95 million in 2006 to nearly half a billion in 2022. This surge boosted the share of trips made by public transport from 6 per cent to 21.6 per cent. RTA’s reported revenues amounted to Dh8.9 billion in 2022.

The Dubai Metro, having achieved a break-even point between benefits and costs in 2016, is projected to yield a return of Dh4.3 for every dirham spent by 2030.”

Going green

“Investment in infrastruc­ture is a significan­t driver of the economic growth of every city worldwide. For instance, the Benefit-Cost Ratio (BCR) in some of our road projects is anticipate­d to reach Dh8.8 by 2030. That is, the economic return for every dirham invested is expected to reach Dh8.8.

“Similarly, the Dubai Metro, having achieved a break-even point between benefits and costs in 2016, is projected to yield a return of Dh4.3 for every dirham spent by 2030. Moreover, RTA’s projects and programmes resulted in a substantia­l reduction in carbon emissions during the period from 2014 to 2023,” explained Al Tayer.

Mattar Al Tayer | Director-General and Chairman of the Board of Executive Directors of RTA

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