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RTA allocates US $2 billion for projects

by Sarah Blackman on Jan 24, 2010

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Completion of Dubai Metro is one of the RTA's key projects for this year.
Completion of Dubai Metro is one of the RTA's key projects for this year.

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A budget of US $2.9 billion (AED 10.74 billion) has been set for the Road Transport Authority’s expenses in 2010, with US $2 billion allocated for project development.

The project budget will be set aside for undertaking around 129 developments, 13 of which are new projects relating to roads, marine transport, public transport and operational building projects.

"In 2010, RTA will complete the construction of the undergoing projects and engage in a host of other fresh ones as well. Among the key projects underway is the completion of Dubai Metro Project,” said RTA executive director Mattar Al Tayer.

“Work is progressing on schedule in the construction of the Metro Green Line as well, and will continue in Al Safouh Tram project comprising two phases extending 14 km along Al Safouh Road.”

Al Tayer confirmed that the Government of Dubai is proceeding with upgrades to infrastructure, including roads and transportation projects, in the belief that this will drive economic growth.

"Among the key road projects earmarked for completion or construction during this year is Sheikh Zayed Road's Parallel Roads project, which will extend 108km starting from Sheikh Rashid Road in the North and stretching southward up to the outskirts of Abu Dhabi Emirate," he added.

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FEATURED COMMENT

Its Good news prove that crises effect is coming down

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mahmoud (Jan 24, 2010)
Dubai
United Arab Emirates

RTA projet
Its Good news prove that crises effect is coming down


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