Contract Worth AED696.414 Million Awarded for Trade Centre Roundabout Development Project
The Roads and Transport Authority (RTA) in Dubai has taken a significant step toward enhancing urban mobility by awarding a contract valued at AED 696.414 million for the development of the Trade Centre Roundabout. This project aims to revamp one of the city’s most critical intersections, reinforcing Dubai’s position as a global business hub.
The Trade Centre Roundabout serves as a pivotal link between Sheikh Zayed Road and five major thoroughfares: Sheikh Khalifa bin Zayed Street, Sheikh Rashid Street, 2nd December Street, Zabeel Palace Street, and Al Mustaqbal Street. These routes are not only vital for daily commuters but are also integral to the logistics and operational efficiency of Dubai’s business districts, including the Dubai World Trade Centre (DWTC) and the Dubai International Financial Centre (DIFC).
This ambitious project will see the construction of five new bridges, cumulatively spanning approximately 5,000 meters. One of the central features of the redevelopment will be the conversion of the existing roundabout into a surface intersection. This modification is designed to facilitate smoother traffic flow, particularly for vehicles transitioning from Sheikh Zayed Road to 2nd December Street and for southbound traffic from Al Mustaqbal Street. As such, the project aims to enhance accessibility to Dubai’s core business areas, which are frequented by residents and international visitors alike.
Commenting on the project, Mattar Al Tayer, Director-General and Chairman of the RTA, underscored the transformational impact of this initiative. He noted that the new design is expected to double the intersection’s capacity, a move that could significantly mitigate congestion and travel delays.
“This development will cut delays from 12 minutes to a mere 90 seconds, and the travel time from Sheikh Zayed Road to Sheikh Khalifa bin Zayed Street will reduce drastically from six minutes to just one minute,”
Al Tayer remarked. Such a dramatic improvement in travel efficiency is particularly critical in a city that sees an ever-increasing influx of residents and tourists, further exacerbating traffic conditions.
The benefits of the Trade Centre Roundabout Development Project extend beyond mere travel time reductions. It is projected to serve key residential and commercial zones, positively impacting over half a million residents and visitors in surrounding neighborhoods, including Zabeel, Al Satwa, Karama, Jafiliya, and Mankhool. This improvement is set to enhance the quality of life for local residents while supporting business operations within these vibrant districts.
In addition to the Trade Centre Roundabout initiative, the RTA has also launched another significant infrastructure endeavor: the Oud Metha and Al Asayel Streets Development Project. This undertaking includes 14 kilometers of road enhancements and new bridge construction, further demonstrating the RTA’s commitment to improving Dubai’s transport network. Completion of this project is anticipated to reduce travel time on these routes from 20 minutes down to a mere five minutes by 2030, indicating a proactive approach to future urban mobility challenges.
These infrastructural enhancements are part of Dubai’s broader strategy to create a seamless transport network that meets the demands of a rapidly growing population and an expanding economy. As the emirate continues to attract businesses, expatriates, and tourists from around the world, such developments play a crucial role in sustaining its status as a world-class city. Initiatives like these not only enhance connectivity but also support the economic landscape by facilitating commerce and encouraging the movement of people and goods across the region.
In conclusion, the RTA’s recent awarding of a major contract for the development of the Trade Centre Roundabout stands to not only alleviate current traffic woes but also to lay the groundwork for a more efficient and accessible Dubai. As the city progresses toward its vision for continued growth and modernization, such projects are imperative for fostering a vibrant economic environment and improving the overall quality of life for its residents.
Tags: #BusinessNews, #EconomyNews, #UAE
