Dubai announces $681m transport investments; air taxis, garden bridge

Dubai future transport investment plan

Dubai’s Roads and Transport Authority (RTA) has endorsed the “Dubai Portfolio for Public-Private Partnership (PPP) (2024-2026),” encompassing 10 projects with an estimated value of AED2.5bn.

The move is in line with Dubai Government’s strategy to foster public-private partnerships aimed to boost the emirate’s economic growth by expanding the role of the private sector in the development of infrastructure and the delivery of services.

Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors, RTA, said: “The endorsement of the Public-Private Partnership Portfolio stems from RTA’s commitment to enhancing partnership with the private sector and adopting top international practices.

“It seeks to map out a comprehensive framework to support public-private partnerships, improve the regulatory environment for long-term collaborations, introduce innovative solutions, and create new opportunities in the mobility and finance fields.