Dubai’s Roads and Transport Authority (RTA) has recently launched its investment platform branded ‘RTA Invest.’ This specialist digital platform is dedicated to serving investors and entrepreneurs interested in engaging with RTA in projects. Such projects are based on the principle of public-private partnership (PPP) and tailored to deliver advanced services to all spectrums of the community.
“This automated channel is designated to serve the business community and act as a tool for leveraging the collaboration between RTA and investors from the UAE and the world over. The platform also offers a portal for reviewing prospective commercial projects offered by RTA and details required about the available investment projects. It also enables investors to submit proposals and discuss project details and suggestions with RTA. Through this portal, potential investors can bid in tenders and submit unsolicited proposals and ideas to RTA,” said Ibrahim Al Haddad, Director of Commercial and Investment, Strategy and Corporate Governance Sector, RTA.
“The platform consists of a diverse array of investment opportunities including advertising in metro stations, bus stations, roadside assets, bridges and buses, and brand naming rights. It also encompasses public-private projects such as real estate, infrastructure and mobility-related projects as well as retail area vacancy status such as metro shops, metro kiosks/vending machines and bus station shops,” explained Al Haddad.
“We were keen on the timely launch of the ‘RTA Invest’ platform as it offers a better and integrated investor experience across all RTA projects under the PPP model. The platform provides a portal offering investment prospects available with RTA and engaging them via interactive channels for communication and sharing ideas, proposals and solutions based on innovative business models.
“Through launching this platform, RTA is seeking to measure up to the directives of our leaders, enhance projects competitiveness, and promote investment opportunities professionally to boost the appeal of infrastructure projects and initiatives. It also seeks to entice local and overseas firms, especially those engaged in ecosystems by enabling them to apply the latest transit-oriented finance and technology models. Such a practice will offer users and riders new options and set Dubai apart as a model city of the future with novel investment opportunities,” added Al Haddad.
“The platform offers fair and transparent opportunities for investors worldwide and provide them with instant access to projects and opportunities. It opens up a new channel for exploring and enticing international investors, which brings in more foreign capital to support the growth and image of Dubai as an attractive global investment environment that fulfils the ambitions of investors and innovators,” concluded the Director of Commercial and Investment, RTA.
-Ends-
© 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.
