The Roads and Transport Authority (RTA) has approved a budget of Dhs7.6 billion (USD 2.06 billion) for 2016. Thirty-seven per cent of the budget (Dhs 2.8 billion or USD 766 million) will 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 RTA sectors.
“The anticipated revenues for this year amount to Dhs7.5 billion marking a 14 per cent increase over last year’s budget. The approved infrastructure projects budget will be allocated for constructing 55 projects comprising 12 new road projects and 43 projects currently underway”, Mattar Al Tayer, the RTA’s Director-General, said.
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