DUBAI METRO EXTENSION PLAN PROVIDES MASSIVE OPPORTUNITY FOR INFRASTRUCTURE SECTOR

Dubai, UAE, 9 November 2016 - The Dubai Metro, the first of its kind in the Gulf region, has increased rapidly since its launch in 2010 and the Roads and Transport Authority (RTA) expects to extend the Metro tracks to 110km by 2020 and to 421km by 2030.

The RTA has already awarded the $2.88 billion contract for the Route 2020 metro expansion to the Expolink Consortium led by Frances Alstom in June 2016. The group, which also includes Spains Acciona and Turkeys Gulermak, will begin construction of the 15km route linking the Nakheel Harbour and Tower station on the metros Red Line to the Expo 2020 site by the end of 2016.

The metro is one of the longest driverless metro lines in the world and carried 164 million passengers in 2014 travelling on two red and green lines across the city.

In addition to planning three new lines, the Dubai authorities want public transport to reach 30% of the population by 2030. That could mean almost a third of all travellers riding either the metro or a bus.

Dubai is changing and making the car a less attractive option for getting around and the metro system is playing its part by helping to reduce traffic congestion and accidents and minimize environmental pollution.

The cost of building the metro has reached nearly $8 billion so far but the authorities are hoping to recoup nearly $5 billion in income from the transport scheme over the next decade.

Passenger numbers are rising year on year and there is now a growing need to expand the two existing lines that stretch 70 kilometres and take in 47 stations. The RTAs vision is to add 421 kilometres of metro line by 2030 to accommodate the estimated 4 million population in Dubai.

The growth and popularity of Dubais metro system will result in more multi-million-dollar contracts being awarded to infrastructure companies, many of whom will be attending The Middle East Concrete and PMV Live 2016.

James Meltz, Event Director for Middle East Concrete and PMV Live said: The Dubai Metro has been a huge success since its inception and this can only be good news for the infrastructure sector with many more construction projects on the horizon. Infrastructure experts believe that Dubai offers a model for other cities in the region to follow. The system is tailored to the needs of the city and the step-by-step approach to construction has proved to be a very sensible one.

Hosting global events such as Expo 2020 has underlined the need for a larger network which will require further large-scale architectural and infrastructure projects, boosting the consumption of concrete and PMV in the region.

Middle East Concrete and PMV Live, organised by dmg events Middle East, Asia & Africa, are the biggest and most prestigious infrastructure and heavy machinery events in the Middle East.

Middle East Concrete and PMV Live 2016 will bring key regional and international industry leaders under one roof at the New Zaabeel Halls 4-6 at the Dubai World Trade Centre from 21-24 November.

Thousands of state-of-the-art and ground-breaking technologies, as well as revolutionary ideas will be showcased by over 430 exhibitors from 40 countries to 32,000 international participants searching for products that can save money, energy, reduce emissions, and minimise waste.

What is more, there will be a strong educational element with over 50 free-to-attend and CPD certified workshops, forums and technical seminars delivered by industry experts who will be highlighting the markets current trends, challenges, opportunities and best practices.

Mr Meltz added: Visitors can benefit from the dozens of free educational sessions curated by respected industry professionals who will be sharing their knowledge and insight into a range of subjects from sustainability and new technology to business and marketing strategies.

To know more about Middle East Concrete and PMV Live, please visit www.middleeastconcrete.com and www.pmvlive.com

- ENDS -

 

 

About dmg events

An international exhibition and publishing company, dmg events produces market-leading exhibitions and conferences for the global energy, construction, coatings, hospitality and interior design industries.

dmg events is a wholly-owned subsidiary of the Daily Mail and General Trust plc (DMGT) an international portfolio of information, media and events businesses listed on the London stock exchange.

dmg events Middle East, Asia & Africa

Founded in 1989, dmg events has operated in the Middle East since 1995 and owns many leading brands including The Big 5 portfolio of construction events, INDEX the Middle Easts largest event for the interior design industry and The Hotel Show, the longest running and most important event for the hospitality industry.

Headquartered in Dubai, UAE and with satellite offices in India, South Africa and the UK, dmg events Middle East, Asia & Africa organizes over 45 events across the Middle East, Africa, Asia, North America and Europe. For more information visit www.dmgeventsme.com

About DMGT
Satisfying the need to know

DMGT manages a balanced multinational portfolio of entrepreneurial companies, with total revenues of almost 2bn, that provide a diverse range of businesses and consumers with compelling information, analysis, insight, news and entertainment.

The company employs more than 10,000 people and is listed on the London Stock Exchange

The five divisions are:

  • Risk Management Solutions (RMS)
  • dmg information
  • dmg events
  • Euromoney Institutional Investor plc
  • dmg media which includes the Daily Mail and MailOnline

For more information visit www.dmgt.com




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