Volvo inks $129m deal to supply 373 new buses to Dubai's RTA
Volvo Buses and Famco Al Futtaim Auto & Machinery Co (Famco) have been selected as the supplier of 373 city buses to Dubai Roads and Transport Authority (RTA).
This is Volvo's largest chassis order to date in Dubai, and the largest ever purchase of Euro VI city buses in the Middle East region, worth AED474 million ($129 million), a statement said.
With this latest order, the Volvo bus fleet of Dubai RTA will amount to 571 vehicles as the transport authority continues to investing heavily in public transport, with the goal to make it the first choice for mobility in Dubai.
The number of buses in the emirate will increase by nearly 30 percent from 2018 to 2020, it said.
Deliveries are planned for between the third quarter of this year and the second quarter of 2020. The delivery includes a 10-year comprehensive maintenance contract.
"We are very proud and grateful for the confidence the Dubai Roads and Transport Authority once again places in Volvo Buses... The order is a recognition of the long term relationship we have built and the value we deliver to the RTA," said Håkan Agnevall, president of Volvo Buses.
He added that the buses are designed to meet high demands on comfort and safety for passengers, drivers and road users and will have the highest level of intelligent transport systems. The buses will also be fitted with modern driver assist and monitoring systems and USB charging for passengers.