HE Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), has discussed with HE Arun Kumar, Assistant Secretary of Commerce for Global Markets, U.S. Department of Commerce, the prospects of cooperation between the RTA and American firms engaged in Dubai Metro, rail, roads and other transport projects. The meeting also discussed road and public transport projects the RTA is intending to undertake in the near future, an RTA press release said.
“Over the next few years the RTA will be embarking on the construction and operation of rail projects costing billions of dirhams including Route 2020 involving the extension of the Red Line of the Dubai Metro to the exhibition yard of Expo 2020, and the extension of the Green Line of the Dubai Metro as well as Phase II of the Dubai Tram project. Future projects offer a great opportunity for businesses to bid in tenders released by the RTA . So the RTA is mulling to offer such projects on the basis of Public-Private Partnership model, comprising elementsattractive for the private sector to take the initiative and bear the costs of such projects against benefiting from the project’s returns over the contract period,” explained Al Tayer.