In a major expansion plan, Dubai is set to get as many as 32 new metro stations by 2030. Moreover, there will be as many as 140 stations by 2040.
The announcement came as the Executive Council of Dubai approved a plan for developing areas around metro stations “with the aim of enriching economic opportunities and increasing the share of public transport to 45 percent and reducing carbon emissions to 16 tonnes per capita”, the Dubai Media Office said.
As part of this expansion, the scope of the metro station area development plan will expand from 64 stations currently operating over 84 square kilometres to 96 stations over 140 square kilometres by 2030. This will further expand to cover 140 stations over 228 square kilometres by 2040.
The expansion of the metro network was announced as a part of a series of decisions taken during a meeting of the executive council chaired by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and Deputy Chairman of The Executive Council of Dubai.
20-minute city
The plan also provides incentives for developers to utilise plots in areas surrounding metro stations so as to help provide additional services, support the concept of the ‘20-minute city’, increase the number of metro users, and boost sustainability and quality of life in Dubai.
Some of the plan’s key aims include increasing the share of public transport to 45 percent, reducing carbon emissions to 16 tonnes per capita, improving the quality of public spaces to encourage walking, and increasing shaded areas.
The plan also aims to boost populations around stations, enhance the diversity of residential, commercial, office, and service spaces around the Metro, attract users, and increase economic spaces.
FDI programme
During the meeting, Sheikh Maktoum announced the Foreign Direct Investment Development Programme, which earmarks AED25 billion over 10 years to help attract AED650 billion of investments to Dubai in direct support of the objectives of the D33 economic agenda.
“Dubai has built an integrated, unique, and inspiring economic model, featuring advanced enablers and tools to enhance decision-making, create a broad array of promising opportunities, and attract top talents and global investment,” Sheikh Maktoum said.
He also announced the Dubai Economic Model, which will use 3,000 performance indicators to closely measure Dubai’s development against its economic targets.
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