Investment plan

Dubai RTA finalizes data investment plan, aims to sell data to boost revenue

Dubai’s Roads and Transport Authority (RTA) has finalized a master plan for investing in its data. The plan complements the provisions of Law No. 26 of 2015, which regulates the dissemination and exchange of data in Dubai and subsequent policies.

Mohammed Al Mudharreb, CEO of Enterprise Technology and Technical Support Services Sector, RTA, said: “This project includes the development of an operating model to maximize the return on investment from the use of data and knowledge of RTA while protecting data exclusivity and confidentiality.

The transport authority aims to provide the data to government and private entities, and will become the first government entity in the UAE and the region to implement this approach.

“The project demonstrates RTA’s efforts to adopt the same strategies of innovative, high-performing, fast-growing entities that have successfully increased financial returns from data. Such a practice supports digital government and the open data model pursued by our government. It will also reap benefits by forging partnerships with governmental and non-governmental agencies and providing innovative solutions tailored to market demand. The project deliverables reflect RTA’s commitment to developing and managing an integrated and sustainable global road and transport network,” explained Al Mudharreb.

Al Mudharreb said the project also supports the objectives of the Dubai Data initiative and will optimize data availability, simplify service procedures, reduce operating costs and support beneficiaries in the decision-making process.

“RTA has completed the initial phase of the Big Data project, which included setting up the big data platform infrastructure as well as 20 use cases. It will serve RTA affiliated sectors and agencies in data analysis, decision-making, improving operations and making optimal use of resources,” Al Mudharreb concluded.

Separately, Mattar Mohammed Al Tayer, Chief Executive and Chairman of the Board of the Roads and Transport Authority (RTA), recently revealed that RTA revenue collected through digital platforms increased by 32% in 2021 thanks to 309 services provided via digital channels. Its total digital revenue stood at Dhs 3.5 billion, up from around Dhs 2.65 billion in 2020. The number of digital transactions reached 676 million last year, a 28% increase from 527 million in 2020.

Read: Revenue from Dubai RTA digital platforms hit Dhs 3.5 billion in 2021