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Dubai awards $408mln contract for Al Fay Street Development Project

Jan 20, 2025over 1 year ago

Contract Type

contract

MaricopaTransportationGovernmentLogistics

Description

Dubai's Roads and Transport Authority (RTA) has awarded a contract worth AED1.5 billion (approximately $408 million) for the Al Fay Street Development Project. The project aims to enhance Al Fay Street's capacity to accommodate 64,400 vehicles per hour and serve residential and developmental areas, benefiting an estimated population and visitor base of 600,000 individuals.

Company Information

Company

Dubai Taxi Company

Location

Maricopa, Arizona, United States

About

Dubai Taxi Company is the largest fleet owner in the UAE, holding a 46 percent market share of mobility operators in Dubai. It operates 8,900 vehicles, including almost 6,000 taxis, and offers various transportation services.

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