Dubai’s RTA briefs Saudi delegation about asset management practices

Dubai’s Roads and Transport Authority (RTA) has briefed a visiting delegation from Saudi Arabia about its asset management models and practices.

The visit was coordinated with the Ministry of Infrastructure Development together with entities concerned with roads and transport in the UAE, WAM reported.

The briefing covered the planning for asset procurement, numbering, monitoring performance, stocktaking and replacement. Discussions also touched on the structure of RTA’s Asset Management Department and procedures adopted to keep up with the highest global standards.

“We gave a full introduction about RTA’s asset management model and process along with a roadmap up to 2021. We also briefed the delegation on our plans for maintaining and protecting such assets," Saeed Al Ramsi, Director of Asset, Strategy and Corporate Governance Sector at RTA, said.

During the meeting, a presentation was made explaining RTA’s organizational chart, strategic plan, goals and objectives along with initiatives relating to asset management in addition to the structure and roles and responsibilities of the Department.

The presentation also covered the lifecycle of the asset, future objectives of asset sustainability, and procedures of buying and scraping of assets.