Emirates Group and Roads and Transport are cooperating in asset management

The Emirates Group and the Roads and Transport Authority in Dubai signed yesterday a memorandum of understanding for cooperation and exchange of best practices that enhance and develop greater competencies in all activities related to asset management for both organizations.

A statement issued yesterday stated that the cooperation and open exchange between the Group and the Authority includes the exchange of knowledge in the areas of asset sustainability, improving the use of the asset life cycle, and enhancing returns on assets.

The Executive Vice President for Office of the President, Facilities Management, Projects, Non-Aircraft Procurement and Logistics Services for the Emirates Group, Ali Mubarak Al-Suri, said that the Emirates Group has world-class expertise and capabilities in asset management through its local and global footprint.

He expressed his hope for strengthening cooperation with the Roads and Transport Authority in matters of common interest in the fields of training, measurement tools, and frameworks within the internationally approved standards.

He stressed that the agreement comes in response to the Dubai government's directives for government agencies to benefit from the expertise and competencies of semi-government and private institutions, pointing out that the agreement will also support government resource planning systems applied by various departments to enhance resources and knowledge, in addition to standardizing best practices and policies that provide more operational efficiencies. .

For his part, Executive Director of the Strategy and Corporate Governance Sector at the Roads and Transport Authority, Nasser Bushehab, said: “We always strive to achieve the sustainability of the Authority’s main assets to ensure the continuity of service provision, especially since the Authority owns many different assets and properties, such as roads, bridges, tunnels, and metros. , Trams, buses, taxis, and means of maritime transport, and others ».

He stressed that plans have been put in place to maintain and preserve them for the coming years, expressing his confidence that cooperation with the Emirates Group will enrich the experience of both sides and ensure the development of institutional performance, especially that assets are considered real capital in the economic sector, which requires preservation and sustainability, and the development of a cycle Its life is according to the highest international standards, which is achieved through learning about the experiences of our peers in this field.

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