Sunday 26 June 2022

Dubai commercial transport sector grows 37% in Q1

DUBAI, May 26, 2022

The commercial transport activities sector in Dubai has reported a significant growth of 37% during the first quarter of 2022 extending from the same period of last year, said the Roads  and Transport Authority (RTA).

Mansour Al Sabahi, Director of Commercial Transport Activities, Licensing Agency, RTA, said: “This 37% growth rate clearly reflects the recovery of the commercial transport activities across the emirate during the first quarter of 2022.

“The car rental business accounts for the largest number of new firms, and consequently reflecting an increase of  14%. This increase is indicative of the overall economic recovery in the emirate.”

RTA’s Commercial Transport Activities Department is making sustained efforts to meet the needs of this vital sector by holding joint gatherings with stakeholders to enhance business relationships and step-up coordination with them, receive their feedback, and develop the best solutions to the problems they encounter.

“We have witnessed the registration of 800 new companies in the field of transport and car rental in 2022, resulting in the registration of about 25,000 new vehicles,” Al Sabahi added. – TradeArabia News Service


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