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RTA seals $1.6bn road infrastructure deals with Dubai Holding

DUBAI, 16 days ago

Roads and Transport Authority (RTA) has signed a AED6 billion ($1.6 billion) agreement with Dubai Holding, a leader in large-scale developments, mainly aimed at boosting infrastructure across key development communities across the emirate.
 
The agreement contributes to enhancing infrastructure across key development communities and projects throughout the emirate, including Dubai Islands, Jumeirah Village Triangle, Palm Gateway, Al Furjan, Jumeirah Park, Arjan, Majan, Liwan (Phase 1), Nad Al Hamar, Villanova, and Serena, said the statement.
 
As part of the agreement, bridges and roads will be developed to improve access points for five key Dubai Holding developments: Jumeirah Village Circle, Dubai Production City, Business Bay, Palm Jumeirah, and International City (Phase 3), it stated.
 
The agreement was signed by Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of RTA; and Amit Kaushal, Group CEO of Dubai Holding, in the presence of 
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, and Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Holding, as well as other senior officials.
 
As per the deal, four additional access points will be developed for Jumeirah Village Circle, featuring grade-separated interchanges designed to double the capacity of the area’s entry and exit points. 
 
These enhancements are projected to reduce travel time on internal roads and access points by 70%, while also improving traffic safety and ensuring seamless traffic flow at intersections.
 
Additionally, new bridges will be constructed to improve access to Dubai Production City from Sheikh Mohammed bin Zayed Road, reducing travel time on entry and exit points, as well as improving traffic flow on internal roads by 50%, it stated.
 
According to RTA, the agreement provides for surface improvements at intersections leading to Business Bay from Sheikh Zayed Road as well as the construction of a pedestrian bridge at the Business Bay intersection with First Al Khail Road to enhance pedestrian safety and optimise traffic flow. 
 
Additionally, upgrades to internal roads in the Towers Area will help reduce travel time by 30% across entry and exit points and internal routes.
 
The agreement also includes the construction of additional acceleration and deceleration lanes along Palm Jumeirah, spanning six locations to optimise traffic flow. Additionally, two pedestrian bridges will be built to replace at-grade crossings, enhancing mobility and ensuring pedestrian safety while reducing travel time within Palm Jumeirah by 40%.
 
The agreement covers the expansion of the road marking the entrance into International City (Phase 3) from Manama Street by adding a new lane, widening internal roads, and upgrading surface intersections with traffic signals to streamline traffic flow and enhance road safety. These improvements are expected to reduce travel time from 15 minutes to just five minutes.
 
On the partnership, Sheikh Ahmed said this reflects its shared vision of a city that is not only innovative but also seamlessly accessible. 
 
"Through projects like these, Dubai Holding reaffirms its commitment to shaping the future of the emirate by developing world-class communities and infrastructure that enhance connectivity, mobility, and quality of life for all who call Dubai home. Together with RTA, we are reinforcing the position of Dubai as a leading global hub in urban innovation," he stated.
 
Al Tayer, said this agreement will enhance the capacity of internal roads and access points, leading to reduced travel times, improved connectivity for residents and visitors, and greater road safety for all users.
 
"RTA remains dedicated to fostering strategic partnerships with real estate developers to ensure the road infrastructure in development areas can effectively accommodate traffic demand, enhancing seamless mobility for residents and visitors. The projects under this agreement will reduce travel time and increase the capacity of entry and exit points by 30 to 70 percent," he added.
 
Kaushal said this agreement underscores its support for RTA and its efforts to enhance connectivity and accessibility across the city, particularly in some of Dubai’s most dynamic destinations. 
 
"At Dubai Holding, we are dedicated to delivering integrated, future-ready developments that meet the evolving needs of businesses and communities. These road enhancements will not only reduce travel times and improve road capacity but also elevate the overall experience of our communities," he added.-TradeArabia News Service



Tags: RTA | Dubai Holding | Road | Infrastructure |

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