Dubai’s Roads and Transport Authority (RTA) had demonstrated its superior global standing in a benchmarking study about asset management practices commissioned by Atkins, a specialist in administrative consultancies. The study revealed RTA’s dominance in various fields highlighted by asset lifecycle, and digitisation of all asset-related activities. The study covered all RTA’s agencies and sectors by benchmarking them with other organisations in the USA, UK, Denmark, Singapore and Hong Kong.

“RTA adopts a roadmap that includes an array of outstanding asset management initiatives that span the entire lifecycle of assets. Modern asset management has become inevitable for any entity or company that uses assets to deliver services, and would bring about huge and sustainable benefits,” said Saeed Al Ramsi, Director of Assets, Strategy and Corporate Governance Sector, RTA.

“RTA has made giant strides and significant achievements at the regional and global levels in implementing a modern asset management system. Such a system has had a considerable impact on the standing of the RTA as reflected in plenty of international certificates and recognitions, be it from The Institute of Asset Management in Britain or other international agencies,” added Al Ramsi.

The study pointed to RTA’s distinction in the analysis of needs and the integrated planning for asset taking over as well as the systems of performance monitoring and the technical condition of assets. The study commended the sophistication and quality of RTA’s number plates factory, the first of its kind in the benchmarked entities. RTA’s superior performance was also reflected in the continued planning and compliance with the asset replacement and disposal plans during a phased and standardised manner.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.