October 07, 2008

Dubai to spend AED 80 billion on mass transport system

It is reported that Dubai will spend about AED 80 billion by 2020 on expansion of the road network and development of a mass transport system, including Dubai Metro, buses and marine transport.

Mr Mattar Al Tayer chairman of the board and executive director of TRA said that "The Roads and Transport Authority are working on its strategic transport plan to cope with the expected increase in population from the current 1.4 million to 5.2 million by 2020."

Out of the AED 80.74 billion budget, AED 44.04 billion will be spent on road development comprising some 500 kilometer of new roads and 90 interchanges, AED 24.22 billion being spent on 4 lines of the Dubai Metro, about AED 9.19 billion will be spent on a tram network, AED 2.2 billion on the public transport bus system and AED 1.83 billion is being spent on development of a marine transport system.