Tag: Serco

Some small impressions of the Dubai Metro, the world's longest driverless metro system, on the Red Line (the only line opened at this point). A complete passenger drive on the complete line will follow.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of the Executive Council, has issued a Decision appointing Yousef Ahmed Jawad as Chief Executive Officer of the Corporate Administrative Services Sector, Roads & Transport Authority (RTA) in Dubai.

The Roads & Transport Authority (RTA) has kick-started its awareness plan for 2011 through launching two traffic awareness quizzes; the first targets about 12,282 college students and the second targets the students of all public & private schools in Dubai.

Dubai metro HD video, January 2011

In the longer term, he confirmed that both the Sheikh Rashid bridge and the Dubai Smile - which will replace the existing floating bridge – would also be tendered as PPPs after 2014, not to mention the operation of the Dubai Metro Green Line and potentially the construction of other lines. "We have a plan to tender the operation and maintenance package of the whole metro system as a ppp in the future. It is also part of the long term plan to tender the construction of the other lines as PPP contracts."

The RTA, in coordination with Serco, a UK-based company which operates the Dubai Metro, has started what they call the ‘Knowledge Transfer Programme' for UAE nationals working with the RTA's Rail Agency. The programme was officially launched recently by Mattar Al Tayer, Chairman of the Board and Executive Director of the RTA.

H.E. Mattar Al Tayer, Chairman of the Board and Executive Director of the Roads & Transport Authority (RTA) has recently opened Rail Agency and Serco (The Metro Operator) Knowledge Transfer Program; which runs through December 2011.

Arabian Business reported that Serco, the UK based operator of the Dubai Metro expected revenues to increase to about USD 8 billion by the end of 2012 on the back of strong global demand for its services. Serco said that operating profit margins are forecast to rise to 6.3% by the end of 2012. The strong performance has been driven by high levels of operational delivery, continued organic growth and good free cash flow. Our financial position remains strong.

Serco, the UK-based operator of the Dubai Metro, said it expected revenues to increase to about $8bn by the end of 2012, on the back of strong global demand for its services. Operating profit margins are forecast to rise to 6.3 percent by the end of 2012, the company said in a statement.

Serco, who manage and operate the network on behalf of the Roads and Transport Authority (RTA), added that it estimates that 40m passengers will use the service this year. Currently, around 120,000 passengers use the network, which opened in September last year.