Dubai continues its development of infrastructure and road projects in the New Year.
RTA sets Dh6.2bn budget for 2013
Dh3.15bn assigned for construction of about 100 projects; revenues set to hit Dh4bn
According to Mattar Al Tayer, Chairman of Board and Executive Director of the Roads & Transport Authority (RTA), the total approved ‘expenditure budget’ for the RTA in 2013 is Dh6.242 billion. This includes an ‘operational budget’ of Dh3.022bn and a ‘capital and projects budget’ of Dh3.22bn.
“Total revenues expected this year is Dh4.079bn, which is an 11 per cent increase compared to that of 2012,” he added.
‘Projects budget’ is estimated at Dh3.15bn, which will be allocated for the construction of about 100 projects comprising 45 new projects spanning roads, marine transport, public transport and operational buildings in addition to completing works in 55 projects currently underway,” announced Al Tayer.
“Of the total budget, 37 per cent is allocated to the Rail Agency; 34 per cent to Traffic & Roads Agency; 15 per cent to Public Transport Agency; and the remaining 14 per cent of the budget will be allocated to the Licensing Agency as well as the Corporate Administrative & Technical Support Services,” he stated.
“The Dubai Government is continuing with the development of the infrastructure, including road and transport projects, as it recognises that investment in the infrastructure is the core driver of the economy of any city worldwide. In 2013, the RTA will complete the construction of several projects currently underway, and undertake a number of new projects.
Among the key projects to be continued this year is the Safouh Tramway; which runs 14 km along Safouh Road; where the initial phase of the project is slated for completion in November 2014.
The RTA will complete the construction of internal roads in residential areas where projects under construction include: Khawaneej 1, Barsha 1, 2 and 3, Warqaa 1, 2, 3 and 4, Al Qouz 2 and 3, Al Qusais 3, and Hatta at a cost of Dh176 million.
RTA will also complete the project of the parallel roads supporting Sheikh Zayed Road and Al Khail Road and the cost of works set for this year amounts to Dh513m.
New projects to be undertaken this year include internal roads at Muhaisnah 2 and Barsha South 1 and 2 as per the 5-Year Plan (2012 – 2016) for paving internal roads in a number of residential areas in Dubai at an aggregate cost of about Dh1bn.
Latest jobs available
- Senior web developerDanat ,Riyadh, Saudi Arabia2013-12-12
- Head of Accounts Payable - Automotive Experience RequiredMichael Page ,Doha, Qatar2013-12-12
- HVAC Projects Manager (Trading Division),Qatar2013-12-12
- Head of Asset Accounting - Automotive Experience RequiredMichael Page ,Doha, Qatar2013-12-12
- Head of Equity Accounting and External Reporting - Automotive Experience RequiredMichael Page ,Doha, Qatar2013-12-12