Dubai: Roads and infrastructure in Dubai will get a major boost this year with an injection of Dh3.696 billion, nearly half the Roads and Transport Authority’s (RTA) 2016 budget.
RTA on Saturday revealed its annual expenditure budget of Dh7.609 billion for the year 2016, which will see the completion of major projects like Dubai Canal and Union Museum, among others.
“As many as 55 major infrastructure projects will be developed this year, including 12 new road projects,” said Mattar Al Tayer, director-general and chairman of the Board of Executive Directors of RTA.
At Dh3.913 billion, more than half of the Dh7.609 billion has been allocated to the operational budget.
Al Tayer revealed that RTA’s anticipated revenues for this year amount to Dh7.5 billion, marking a 14 per cent increase over last year’s budget.
“The approved infrastructure projects budget is estimated as Dh3.696 billion, which would be allocated for constructing 55 projects comprising 12 new road projects and 43 projects currently under way,” explained Al Tayer.
He added: “Thirty-seven per cent of the budget would be allocated to the Rail Agency, 31 per cent to the Traffic and Roads Agency, 10 per cent to Public Transport Agency, 4 per cent to Licensing Agency, and 18 per cent to supporting sectors at RTA.”
The projects that are set to be completed this year are Dubai Water Canal, which will be fully complete by the end of this year, as well as the Union Museum, Wafi Interchange, Umm Al Sheif and Latifa Bint Hamdan Roads Junction, improvement of Dubai International Airport junctions, Al Shindagha hub project, improvement of Al Wasl and Jumeirah roads and Al Aweer Road and International City entries and exits project.
A number of cycling and running tracks will also be built across the city.
Among the new projects are Latifa Bint Hamdan Road widening project, Parallel Roads, improvement of the Seventh Interchange on Shaikh Zayed Road Project, and Phase II Seih Assalam Road Project.
