Al Tayer explores investment opportunities with UK Minister of Trade and Investment

Dubai: Mattar Al Tayer, Chairman of the Board and Executive Director of the Roads and Transport Authority (RTA), received Lord Stephen Green, UK Minister of Trade and Investment, in the presence of Edward Hubert, British Consul General in Dubai.

During the meeting, which was attended by a host of RTA executives, and representatives of British companies specialized in rails and transport systems, the two parties discussed ways and means of bolstering cooperation and exchanging expertise between the RTA and its UK counterpart, along with the British companies operating in the roads and transport sector, besides exploring the upcoming road and infrastructure projects in Dubai.

At the start of the meeting, Al Tayer welcomed the British official, and commended the partnership and cooperation relations between the RTA and British companies and institutions operating in roads and transport sector, citing that there is about 44 RTA-registered companies, undertaking several RTA projects in various institutions and sectors. Al Tayer quoted the example of the British company Serco, which currently undertakes the operation and maintenance of the Dubai Metro.

“We have close partnership and cooperation with scores of British companies and institutions, where in March 2008, the RTA signed a contract with Serco to undertake the operation and maintenance of the Dubai Metro, including both Red and Green lines. In November 2006, the RTA also inked an agreement with the Lloyd’s Register Company, specialized in Security, Health, safety and Occupational Systems ‘&’ Inspection of the Metro’s Industrial Equipment. In September 2009, the RTA signed a Memorandum of Understanding with the UK Office of Rail Regulation, the first of its kind in the Middle East, between two public institutions operating in transport sector.

Recently the RTA has signed an agreement with the Institute of Civil Engineers, one of the UK’s oldest professional institutions, to train a number of UAE fresh gradate engineers, and groom them for obtaining the full membership in the Institute. Last October, the RTA signed a cooperation agreement with the London Public Transport Authority in a bid to strengthen and promote the cooperation and exchange expertise in the field of transport, and provide counselling in the fields of design, rail stations, buses and taxis, besides addressing the requirements of people with special needs as regards mass transit means and services. The cooperation agreement also provided for training engineers on the fields of transport, besides cooperating in compiling studies to assess the level of services rendered,” said Al Tayer.

For his part, the British Minister of Trade and Investment, was delighted with the participation of British institutions and companies constructing RTA projects, and expressed his hope for more cooperation and exchange of expertise in the interest of both parties.

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