Dubai Government investments in roads and transport infrastructure saved $46bn between 2006-2018
HE Mattar Al Tayer, director-general and chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) revealed that investments of Dubai Government in roads and transport infrastructure, estimated at AED100bn (US$27.23bn), had generated economic benefits in terms of saved time and fuel wastes in the order of AED169bn ($46bn) between 2006 and 2018.
The benefit-cost ratio of Dubai Metro is expected to reach 2.5 by the end of 2020, and rise to as much as 4.3 by the end of 2030, according to a technical study conducted by a British university.
Al Tayer made these remarks during the key session of the World Road Congress 2019 in Abu Dhabi.
He referred to nine success factors of infrastructure projects management: effective management; comprehensive strategies; proper administrative model and resilient organisational chart; quick decision-making; sufficient funding; governance and control; risks and challenges management; implementation of plans and future fore-sighting; and applying hi-tech in projects.
He highlighted the leadership and clear vision driving these projects,and cited the instrumental leadership of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. “All projects undertaken by RTA in Dubai are guided by a clear vision for the infrastructure sector in line with Dubai Plan 2021 as well as the close follow-up to inspect the project progress at site,” commented Al Tayer.
He also reviewed the core elements of successful projects management highlighted by establishing a project management office, projects priorities, project programmes management, risk and challenges management, electronic project management, stakeholder relations management, asset lifecycle management, value engineering, and knowledge-sharing platforms.
Reflecting on projects priority setting, Al Tayer said: “The implementation of such parameters contributed to saving billions of dirhams over the past three years. For instance, the implementation of such principles to Shindagha Bridge brought back savings of about AED316 million ($86m), thus reducing the cost by 50%, thanks to a revision of the arch design turning it into just an architectural shape.”
Al Tayer further reviewed lessons learnt from two mega projects recently accomplished by RTA: Dubai Metro and Dubai Water Canal.
He concluded by stressing the importance of investing in infrastructure. Al Tayer said: "However, investments should not be restricted to infrastructure, and should rather extend to include continuously empowering Emirati human resources. The success of projects is primarily based on the leader, clear vision, direct impact, and close field follow-up. It all goes down to the quote of HH Sheikh Mohammed: “Zayed had initiated the fieldwork…. And we will continue the march."