RTA’s Asset Management System will Save Government
Millions in the Long-Run
Dubai – May 29 2012: Every year the Roads and Transport Authority
(RTA) in Dubai spends over 70% of their annual budget on assets.
But to
them its money well spent and may prove to...
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RTA’s Asset Management System will Save Government
Millions in the Long-Run
Dubai – May 29 2012: Every year the Roads and Transport Authority
(RTA) in Dubai spends over 70% of their annual budget on assets.
But to
them its money well spent and may prove to be more cost efficient.
Spending billions of dollars on Dubai’s metro, roads, land and marine
transportation, RTA are the pioneers of asset management in the region and
the first to obtain accreditation to PAS 55 on their Asset Management
System, and as such are urging other UAE organizations to invest in looking
after their infrastructure through strategic asset management.
This will be one of the topics discussed at the first Government Asset
Management Congress 2012 held in Dubai.
A relatively new concept, asset management has been rapidly gaining
momentum in the UAE for the last few years.
Organizations have realized
that failure to invest in the proper management of infrastructure will lead to
unnecessary costs and neglect
Less
