Dubai Metro Changes The Life

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According to 6Wresearch, UAE Elevator and Escalator Market size is projected to grow at a CAGR of 1.5% during 2019-25.

Continued investment ahead of the mega event - Expo 2020, expansion of Al Maktoum International airport, extension of red and green lines of Dubai metro, Abu Dhabi metro and several other commercial and residential projects, would drive the demand for elevators & escalators in UAE in near future.

Key Highlights of the ReportUAE Elevator and Escalator Market OverviewUAE Elevator and Escalator Market OutlookUAE Elevator and Escalator Market ForecastUAE Elevator and Escalator Market Share, By CountriesUAE Elevator and Escalator Market Size and Historical Data of UAE Elevator and Escalator Market Revenues & Volume for the Period 2015-2018UAE Elevator and Escalator Market Forecast of Revenues & Volume until 2025Historical data & Forecast of UAE Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2015-2025FHistorical data & Forecast of UAE Elevator Market Revenues & Volume for the Period 2015-2025FHistorical data & Forecast of UAE Escalator Market Revenues & Volume for the Period 2015-2025FHistorical data & Forecast of UAE Elevator Market Revenues, By Types, Applications and Services for the Period 2015-2025F About Us-6Wresearch is the premier, one stop market intelligence and advisory centre, known for its best in class business research and consulting activity.

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A revised plan, which now awaits approval from the Centre proposes a composite network without any interchange for Rapid Metro and the Gurgaon section of Delhi Metro.

Earlier this year, the Haryana government had the School of Planning and Architecture had submitted its report, on the basis of which a fresh detailed project report (DPR) was prepared, for metro extension in September.

But the exit of Rapid Metro Rail Gurgaon Limited (RMGL) meant the plan had to be revised.

Earlier this month the new plan was prepared, approved by the board of directors of the Haryana Mass Rapid Transport Corporation and the state government, and now awaits approval from the Centre.

The previous DPR had proposed six interchange points in the 25 new metro stations.

The plan has been sent to the government for approval,” a senior Gurgaon Municipal Development Authority (GMDA) official said, adding, “It is too early to commit to a deadline, but work on the project is expected to begin soon.”