Dubai-based international aviation holding company Emirates Group has signed a Memorandum of Understanding (MoU) with the Roads and Transport Authority (RTA) to cooperate and share best practices that enhance and create greater efficiencies across all asset management-related activities of both entities.
The Emirates Group is the first non-government agency to form a partnership under the Government Resource Planning Systems (GRPS) directive, and the partnership with Dubai RTA will offer common knowledge, systems, and frameworks to both organizations and their staff in order to streamline operations, extract efficiencies, and cut costs.
This agreement is in line with the Dubai government’s directive that government agencies take advantage of semi-government and private sector skills and efficiencies. Further, this will also help the GRPS, which has been introduced across different governmental departments to maximize resources and expertise, while also consolidating best practices and policies to enhance operational performance.
Ali Mubarak Al Soori, Executive Vice President Chairman’s Office, Facilities & Project Management and Non-Aircraft Procurement & Logistics for Emirates Group said, “Effective asset management is an important part of every organization’s operations, financial positioning, and overall growth. We look forward to strengthening ties with Roads and Transport Authority and developing a constructive and collaborative relationship through today’s agreement.”
“Emirates Group has world-class expertise and capabilities in asset management through our local and global footprint, and we hope to further our cooperation with the RTA on matters of mutual interest in the areas of training, benchmarking tools, and frameworks within internationally recognized standards to extract the greatest value possible from our assets,” Mr. Al Soori added.
“Dubai’s Roads and Transport Authority (RTA) is keen on building relationships and sharing knowledge with various government and non-government organizations in line with the government directives. We strive to achieve the sustainability of RTA’s key assets to ensure the continuity of service delivery. This is particularly relevant as RTA owns extensive assets and properties such as roads, bridges, tunnels, metro, buses, taxis, and marine transport means among others. We have charted out plans for the sustainability and protection of our assets for several years. We believe that cooperating with Emirates Group will enrich the experience of both parties and improve corporate performance as well.”
“Assets are considered the true capital of the economic sector. We have therefore got to keep assets protected & sustained, and improve their life cycles on a par with the top global standards. We will be in a better position to achieve these targets through acquaintance with the practices of our counterparts in this regard,” concluded Mr. BuShehab.