Commercial Transport Brought US$4.3 Billion to UAE in 2022

Commercial Transport Brought US$4.3 Billion to UAE in 2022

Sector has experienced "consistent economic growth" over the last two years fuelled by e-commerce

His Excellency Mattar Al Tayer, the Director-General & Chairman of the Board of Executive Directors of the Dubai Roads and Transport Authority (RTA), has revealed that AED16.1 billion (US$4.36 billion) was contributed to Dubai’s Economy in 2022 by the commercial transport sector.

The commercial transport sector employs around 242,000 jobs by more than 7000 companies.

Al Tayer expressed the significance of the sector, which forms the backbone of Dubai's thriving economic and commercial landscape.

He said: “The sector is critical in achieving the goals of Dubai Economic Agenda (D33)  which aims to position Dubai among the top three economic cities globally.

"It also contributes to accelerate the emirate’s growth by assuring the uninterrupted flow of goods and global supply chains, and enhancing Dubai's reputation and competitiveness besides bringing about positive social impacts across several other sectors."

Logistical Hub

Al Tayer added: “The commercial transport activities sector has experienced consistent economic growth over the last two years fuelled by e-commerce.

"Dubai is a significant logistical hub for shipping and distribution in the region.

"Over 7,000 companies operate in the sector, which is a remarkable 26% growth in 2022 compared to the previous year. The number of registered commercial vehicles operated by these companies exceeds 300,000, reflecting a 16% growth rate compared to 2021.

"The commercial and logistical transport sector contributes about AED16.1 billion  to Dubai's economy, with AED8.5 billion  constituting direct contributions and AED7.6 billion accounting for indirect contributions.”

83 Activities

In collaboration with the private sector RTA is currently developing seven projects and initiatives.

These include implementing the digital adoption project to enhance the efficiency of transport and leasing activities by promoting digital transformation, updating the requirements for conducting business to align them with government directives to facilitate the ease of doing business, and implementing best practices in regulating and governing transportation and leasing sectors.

Rest Stops for Trucks

The RTA is presently constructing three all-inclusive rest areas for trucks in partnership with the private sector.

These lay-by areas span over 226,000 square metres and can accommodate about 500 trucks and heavy vehicles.

There are 16 additional rest stops for trucks on several main roads across Dubai.

Read more: Saudi to Have 59 Logistics Zones by 2030

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