Page 21 - SALIK PR REPORT NOVEMBER 2023

Dubai: Are new Salik gates being planned to

manage increasing traffic?

Eight toll gates are installed across the city’s major corridors, especially Sheikh
Zayed Road, recording 293 million trips in the first half of this year

by

Waheed Abbas

Published: Wed 8 Nov 2023, 6:00 AM
Last updated: Thu 9 Nov 2023, 4:07 PM

There is a need for new Salik gates from a traffic management perspective as the toll
gates play a major role in the management of the city’s traffic, Ibrahim Al Haddad, CEO

of Salik Company, told Khaleej Times in an interview on Tuesday.

However, he stressed that the decision to install new toll gates rests with the Roads and
Transport Authority (RTA), Dubai, and depends upon the approval of the Executive
Council of Dubai.

Toll gates were introduced by the RTA in 2007 as part of a traffic management plan as
well as to increase new sources of revenue for the government. Eight toll gates are

installed across the city’s major corridors, especially Sheikh Zayed Road, recording 293
million trips in the first half of this year, an increase of 9.8 per cent during the January-
June 2022 period. Each trip through the toll gate costs four dirhams.

“As we speak, there is of course a need for new gates from a traffic standpoint. But the

decision from a technical perspective stays with the RTA, which studies and raises the
recommendation and then it finally goes to the Executive Council, Dubai. Once we
receive an official confirmation and instruction, we are entitled to operate eight existing
gates and any future gates,” said Al Haddad.

The toll gate operator launched its initial public offering (IPO) last year, recording

unprecedented interest from investors. It raised nearly Dh3.7 billion ($1 billion) while
total subscriptions reached Dh184.2 billion ($50.2 billion). Salik stocks are also in high
demand and are one of the most actively traded stocks on the Dubai Financial Market.

https://www.khaleejtimes.com/uae/transport/dubai-are-new-salik-gates-being-planned-to-manage-
increasing-traffic