Dubai’s Roads and Transport Authority (RTA) has signed MoUs with the Canadian Business Council of Dubai and Enterprise Ireland, which aim to benefit from the best trading and investment practices of the public transport industry and mobility in the two countries.

 

The agreements were signed by Nasser Abu Shehab, CEO, Strategy and Corporate Governance Sector, at RTA; Colin M. Beaton, Chairman, Canadian Business Council of Dubai and the Northern Regions; and Mike Hogan, Regional Director - MENA, Enterprise Ireland, said a statement from RTA.

 

These MoUs are part of RTA's efforts to enhance the economic relations between these entities to benefit from the best commercial and investment practices of the public transport and mobility industry, it stated.

 

The step provides information about RTA’s project prospects for the associated Canadian and Irish companies, which will open the door for partnerships in delivering projects, it added.

 

On the tieup, Abu Shehab said the common goals of the two MoUs are summarised in attracting Canadian and Irish investments and identifying tangible commercial projects that would contribute to achieving the strategic objectives of RTA. 

 

"We are keen to provide world-class infrastructure and transport networks to keep pace with the rapid development seen by Dubai, which has made immense investments in developing roads and transport infrastructure," he added.

 

Beaton, expressing delight at Canadian Business Council's cooperation with RTA, said: "Based on the mutual successes achieved so far, we are looking forward to working closely with Authority to boost the trading relations between Canada and the UAE in future."

 

lauding the partnership, Hogan said: "The UAE and Ireland have a lot in common. Both countries invest heavily in innovative solutions to move their nations and people forward."

 

"We are pleased to enter into this partnership with RTA, an entity with model practices and operations," he added.-TradeArabia News Service