Tuesday 17 November 2020
The Roads and Transport Authority (RTA) has confirmed that a study of 300 road projects and transport systems in Dubai shows that the return on each dirham invested ranges from AED 1.84 to AED 4.3.
Earlier, RTA conducted a cost-benefit study of Dubai Metro that showed the RoI reached 1 in 2016 and was projected to reach 4.3 in 2030.
The globally acknowledged congestion metric - the Travel Time Index (TTI) - which measures the ratio of travel time in the city during peak time to the travel time during off-peak time, was 1.23 in Dubai in 2019, which is superior to the TTI of 1.33 in 10 metropolitan cities with population numbers similar to Dubai, such as Los Angles, Berlin, Montreal, Sydney, and Rome, the RTA said.
Dubai Government investments in roads and transport infrastructure amounted to AED 130 billion during 2006-2019, contributing to savings amounting to AED 193.3 billion in terms of time and fuel saved. It also contributed to reducing road accident fatalities from 22 cases per 100,000 population to 2.3 cases per 100,000 population. It also reduced carbon dioxide emissions by 661 thousand tons per annum during the period 2016-2019.
Analysis indicates that the total value of time and fuel wasted in traffic congestion would have reached AED 248.8 billion if RTA had not undertaken roads and public transport projects. For instance, the travel time from Dubai International Airport to Bur Dubai would have increased from 20 to 40 minutes if RTA had not improved and added roads. Equally, the travel time from Jumeirah 3 to Dubai Mall would have increased from 21 to 55 minutes.
Consequent savings in time and fuel in 2019 amounted to AED 24.42 billion, which is equivalent to AED 7,400 of savings per resident of Dubai. Moreover, the probability of a fatal traffic accident diminished 10 times. The traffic mortality rate dropped from 21.7 cases per 100,000 population in 2007 to 2.3 cases per 100,000 population in 2019.