RTA projects saved Dubai Dh262 billion: Mattar Al Tayer
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These figures were revealed by Al Tayer when he delivered a keynote speech titled “Leading Mega Projects and Strategic Transformations” at the ninth edition of the Dubai International Project Management Forum (DIPMF) in Dubai.
The number of public transport users skyrocketed, from 95 million in 2006 to almost 500 million in 2022. This increase increased the proportion of trips made by public transport from 6 percent to 21.6 percent. RTA’s reported revenue amounted to Dh8.9 billion in 2022.
Investment in transportation infrastructure has ensured greater safety for resident travelers. A spectacular 90 percent reduction in traffic deaths was observed: from 21.9 per 100,000 inhabitants in 2006 to just 1.9 in 2022, Al Tayer noted in his speech.
The RTA has achieved notable successes in delivering mega projects on time. These include the Red and Green lines of the Dubai Metro, the Dubai Tram, the Dubai Metro Route 2020 and the Dubai Water Canal, he said.
“Investment in infrastructure is an important driver of economic growth for all cities in the world. For example, the benefit-cost ratio (BCR) on some of our road projects is expected to reach Dh8.8 by 2030. That is, the economic return for every Dh1 invested is expected to reach Dh8.8.
“Similarly, Dubai Metro, having reached a point of balance between benefits and costs in 2016, is expected to produce a return of 4.3 dirhams for every dirham spent by 2030. In addition, the projects and programs of RTA led to a substantial reduction in carbon emissions during the period from 2014 to 2023, resulting in savings of close to 500 million dirhams,” explained Al Tayer.
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