It also seeks to woo local and overseas firms, especially those engaged in ecosystems by enabling them to apply the latest transit-oriented finance and technology models. “By 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 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.” Al Haddad further added that “The platform consists of a diverse array of investment opportunities including advertising at metro stations, bus stations, roadside assets, bridges and buses, and brand naming rights. Through this portal, potential investors can bid for tenders and submit unsolicited proposals and ideas to the RTA.” It also enables investors to submit proposals and discuss project details and suggestions with the RTA. The platform also offers a portal for reviewing prospective commercial projects offered by the RTA and details required about the available investment projects. “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. Ibrahim Al Haddad Director Commercial & Investment Dubai RTA The Roads and Transport Authority (RTA) of Dubai has unveiled a new investment platform, “RTA Invest” to serve investors and entrepreneurs interested in partnering with the authority on various projects which are based on the principle of public-private partnership (PPP) and tailored to deliver advanced services to all spectrums of the community.
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