TWO DECADES OF ACHIEVEMENTS

Study spotlights the economic impact of RTA's milestones over the past 20 years

- GULF NEWS REPORT

A comprehensive study conducted by McKinsey & Company on the economic impact of the Roads and Transport Authority (RTA), coinciding with the celebration of its 20th anniversary, revealed that RTA's total investments in the development of Dubai's road and transport infrastructure since 2005 have reached about Dh175 billion.

These investments have generated cumulative revenues amounting to Dh150 billion, including Dh18 billion in financial returns from the public listing of RTA'S companies on Dubai Financial Market.

The study further projected that RTA is set to receive cash returns exceeding Dh254 billion by 2050, with the economic rate of ROI expected to range between 4 per cent and 5 per cent — an exceptional benchmark within the global transport sector. Moreover, over the past decade, RTA has contributed to attracting more than Dh32.4 billion in FDI across logistics, distribution, and transport services.

The study confirmed that Dubai has outperformed major global cities in the speed and efficiency of transport network development. The average length of road lanes constructed annually by RTA reached about 829km, double the global average of around 400km. The cost efficiency per kilometre in constructing highways and metro lines was found to be between 1.5 and 2.5 times better than in international cities such as Moscow, Shenzhen, and Milan.