Dubai Approves 2010 Rail Sector Budget

Dubai’s Rail Agency receives nearly AED4.9bn for rail transportation projects, marking 46% of total approved funding for the city’s transportation sector in 2010, with significant progress on the Dubai Metro and Green Line.

January 15, 2010 10:02 am | Last Update: August 10, 2015 10:03 am

The UAE city of Dubai’s Rail Agency will receive nearly AED4.9bn ($1.35bn) for rail transportation projects in 2010, the Roads & Transport Authority has announced.

This is 46% of the AED10.741bn ($2.92bn) approved for the city’s transportation sector this year, including an operational budget of AED2.835bn ($748.8m) and capital and project budget of AED7.906bn ($2.15bn).
A major part of the funds will be used to finish the 75km Dubai Metro project, the first stage of which opened in September 2009.
The under-construction Green Line is scheduled to open in June this year.

TAGS: dubai railway budget, dubai railway news, dubai railway project, dubai railway sector news, uae railway news

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