Dubai Holding and RTA Set AED 6 Billion Pact to Improve Transportation Infrastructure
In a significant move to enhance urban mobility, support urban expansion, and improve infrastructure, the Roads and Transport Authority (RTA) and Dubai Holding have signed an AED 6 billion agreement. The agreement focuses on major communities across Dubai, including Palm Jumeirah, Jumeirah Village Circle, Dubai Production City, Business Bay, and International City (Phase 3).
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Holding, witnessed the historic signing of the agreement. The collaboration aims to benefit residents, businesses, and visitors across Dubai by focusing on the development of bridges, roads, and access points.
The upgrades in Palm Jumeirah will see the addition of new acceleration lanes and pedestrian bridges, aiming to improve traffic flow and pedestrian safety. Similarly, Business Bay will undergo enhancements to further boost pedestrian safety and traffic flow.
In the International City (Phase 3), the entrance will be upgraded with a new lane and widened internal roads, expected to reduce travel time by 67%. The agreement also includes the construction of grade-separated interchanges at Jumeirah Village Circle, which is expected to double the area's capacity and reduce travel time by 70%.
New bridges and roads will also improve access to Dubai Production City, potentially reducing travel time by 50%. The partnership between RTA and Dubai Holding is committed to delivering a sustainable, efficient transport network.
While the agreement does not specify a start or completion date for the infrastructure projects, it is presumed that the collaboration between the two entities will ensure that all development areas receive necessary infrastructure improvements. The funding sources for the AED 6 billion investment have not been disclosed, but it is presumed that the collaboration will contribute to these projects.
The ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has expressed his support for the initiative, emphasising the importance of continuous development and improvement in Dubai's infrastructure. The agreement aligns with the vision of making Dubai a global hub for innovation and a city of the future.
In conclusion, the AED 6 billion agreement between RTA and Dubai Holding marks a significant step towards improving urban mobility, supporting urban expansion, and enhancing infrastructure in Dubai. The collaboration is expected to deliver safer and more efficient travel in all areas, ultimately benefiting the residents, businesses, and visitors of Dubai.
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