By Staff  www.arabianbusiness.com
RATP Group, the French state-owned public transport operator, has signed an agreement to set up a joint venture targeting some of the largest transport and urban planning projects in the UAE.
Through its international subsidiary RATP Dev, the world’s fifth largest urban transport operator said it has signed a partnership with Zain Capital, part of the Lakhraim Business Group.
RATP Group, which runs the Paris metro, tram and bus system, said in a statement that it is “well positioned to provide the UAE with new transport systems”.
The partnership will begin with a bid to the Abu Dhabi Department of Transport (DOT) to operate the bus networks of Abu Dhabi and Al Ain, as well as gearing up to submit a bid for the upcoming multi-billion dirham metro and light railway/tramline project, which will be one of the largest construction enterprises in the emirate.
In addition, RATP Dev said it is already in discussions with the Roads and Transport Authority (RTA) to enhance the bus systems in Dubai. More info
