Exclusive: RTA official explains AED 15 billion Expo 2020 investment

RTA

Dubai's Roads and Transport Authority (RTA) expects to see between 40 to 50 per cent of EXPO 2020 visitors to use the city's public transportation system.

That's according to Ahmed Bahrozyan, CEO of The Public Transport Agency who spoke exclusively to Dubai Eye 103.8's Business Breakfast on Sunday.

A recent RTA Dubai report reveals their AED 15 billion investment in developing and improving the current public transportation lines to better suit Expo visitors.

Bahrozyan explains that a majority of that cost was spent in expanding Dubai Metro’s Red Line to Route 2020.

In addition to the expansion in tracks, the authorities have also invested in more trains and buses, the latter which is free when using the ‘Expo Rider’.

Bahrozyan also reassures riders that despite the removal of social distancing rules, passengers are safe due to the mandate requiring face asks at all times.

The full interview is available here:

More from Business

  • Musk-led group makes $97.4 bln bid for control of OpenAI

    A consortium led by Elon Musk offered $97.4 billion (AED 357 trillion) to buy the nonprofit that controls OpenAI, another salvo in the billionaire's fight to block the artificial intelligence startup from transitioning to a for-profit firm.

  • DEWA announces record AED 30.98 bln revenue

    Dubai Electricity and Water Authority (DEWA) recorded consolidated full year revenue, for 2024, of AED 30.98 billion, EBITDA of AED 15.70 billion and net profit after tax of AED 7.24 billion.

  • Aviation sector contributes $4.1 trillion to global economy

    The UAE's Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), on Monday emphasised the aviation sector's critical role in the global economy, noting that it accounts for 12 to 13 per cent of GDP in some countries and supports millions of jobs worldwide.

  • Paris AI summit draws world leaders

    World leaders and technology executives are convening in Paris on Monday to discuss how to safely embrace artificial intelligence at a time of mounting resistance to red tape that businesses say stifles innovation.

  • 16% growth in new economic licences in Abu Dhabi during 2024

    The Abu Dhabi Registration and Licensing Authority (ADRA), which develops and regulates the business sector, on Monday revealed significant growth in business licences and compliance indicators in the Emirate's mainland and non-financial economic free zones during 2024.