Dubai’s Roads and Transport Authority (RTA) announced significant milestones for the emirate’s Commercial Transport Sector in 2024, reflecting its pivotal role in driving economic growth.
Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors at RTA, revealed that the number of companies in the sector grew from 9,000 to 12,100, marking a remarkable 34% increase compared to 2023. Additionally, the number of registered vehicles in the Commercial and Logistics Transport Sector surged by over 100,000, exceeding 400,000 vehicles—a 31% year-on-year growth.
“These achievements stem from RTA’s adoption of international best practices, enhancements to commercial licensing services, and robust regulatory and governance structures,”
said Al Tayer. Strategic collaborations, car rental initiatives, and broader sector-wide projects also played a significant role in these outcomes.
These advancements align with Dubai’s vision of becoming a global hub for finance, business, and economy. The Dubai Commercial & Logistics Land Transport Strategy 2030 underpins this growth, aiming to double the sector’s economic contribution to AED 16.8 billion, increase technology adoption by 75%, reduce carbon emissions by 30%, and enhance operational efficiency by 10%.
Al Tayer emphasized the sector’s role in advancing the Dubai Economic Agenda (D33), which aspires to position Dubai among the world’s top three economic cities.
“The sector ensures seamless goods flow, strengthens global supply chains, and enhances Dubai’s reputation and competitiveness while fostering positive social impacts across industries,”
he stated.
With these impressive results, Dubai’s Commercial Transport Sector solidifies its position as a cornerstone of the emirate’s economic framework.
News Source: Emirates News Agency
