Dubai launches 17 new projects, unveils Dh16.8 billion economic roadmap

Asma Ahmed - | UAE

Dubai's Roads and Transport Authority (RTA) announces to launch 17 projects under the Commercial and Logistics Land Transport Strategy 2030, with an aim to raise Dh16.8 billion.

Commercial and Logistics Land Transport Strategy

Dubai's Roads and Transport Authority (RTA) is set to embark on an ambitious Commercial and Logistics Land Transport Strategy 2030, encompassing 17 projects with a projected budget of Dh16.8 billion. This strategy aims to significantly boost the RTA's contribution to Dubai's economy, aspiring to double the current contribution of Dh8.5 billion in 2021.

Central to this plan is the adoption of modern technology, with a target of 75% implementation. The RTA also aims to enhance road safety by reducing traffic-related deaths and promoting the use of zero-emission vehicles, which is expected to cut carbon emissions by 30%.

List of Projects

The strategy outlines several projects, including the use of tachographs for monitoring heavy trucks, the integration of autonomous vehicles and towing trucks, and the organization of a commercial transport and logistics forum. Additionally, the strategy calls for membership in relevant international federations and the establishment of a National Committee for Small Vehicles.

The RTA plans to build digital platforms to aid the logistical and commercial transportation industries in the future. A road freight data center, a platform for heavy and light truck fleet updates, a platform for value-added permits, no objection certificates, a platform for heavy freight services, a platform for monitoring driver behavior, an aftermarket platform, and a platform for renting construction equipment will all be made possible by these platforms.

The rapid expansion of Dubai's commercial transport industry prompted this strategic move. The commercial vehicle registration market has grown at a CAGR of 34% over the last five years, and there are 9,699 organizations operating within it. The number of registered cars is 351,000. Directly benefiting Dubai's economy in 2021 was the RTA to the tune of AED 8.5 billion, or 3% of GDP in 2022. In addition, some 242,000 jobs have been created by the industry.

Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of the RTA, emphasized the strategy's focus on regulating and leading the commercial transport sector in Dubai. The strategy aims to identify developmental and innovative opportunities within the land-based commercial transport and logistics sector, ensuring that the sector's goals, legislation, and policies are integrated through various implementable projects and programs.

Al Tayer also highlighted the strategy's objective to identify investment opportunities and foster partnerships with the private sector. The Commercial and Logistics Land Transport Strategy was developed collaboratively with strategic partners, private businesses, distributors, and retailers in the commercial transport sector.

Moreover, the RTA's Commercial and Logistics Land Transport Strategy 2030 represents a comprehensive approach to modernizing and enhancing Dubai's commercial transport sector. By leveraging advanced technology, fostering collaboration, and implementing a wide range of projects, the strategy aims to significantly increase the sector's contribution to the economy, improve safety, and reduce environmental impact, setting a strong foundation for the future growth and development of Dubai's commercial transport infrastructure.

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Asma Ahmed
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