Transportation Master Plan for Qatar 2050 to have significant economic returns: minister

Transportation Master Plan for Qatar 2050 to have significant economic returns: minister Transportation Master Plan for Qatar 2050 (TMPQ) is to have significant economic returns of about QR300bn while at the same time bringing down fuel consumption and carbon emission, and enhancing traffic safety and security, HE the Minister of Transport Jassim Seif Ahmed al-Sulaiti said on Sunday.

“The TMPQ features developing the transportation networks nationwide in a way that ensures their integration with land uses, urban development, and population growth while meeting future demand for transportation, and could result in a saving of around QR300bn through multiple factors ranging from ensuring safety and easing traffic movements to environmental protection," he said.The masterplan will have significant economic returns thanks to increased revenues and the benefits of saving vehicle-operating costs, saving energy and fuel consumption, reducing trip time, and lowering carbon emissions and road accidents, HE al-Sulaiti told *Gulf Times on the sidelines of the launching ceremony of the TMPQ.The minister said that the TMPQ will begin to be implemented this year in co-operation with ministries and stakeholders, including the Ministry of Municipality, the Ministry of Environment and Climate Change, Ashghal, and the General Directorate of Traffic.HE al-Sulaiti said that sustainability is the cornerstone of the TMPQ, given the great impact this concept has on economic and environmental development, by striking a balance between the requirements of economic growth and environmental protection, and contributing to reducing climate change by putting into effect long-term initiatives that contribute to transitioning to sustainable transportation.The masterplan, he added, also helps achieve financial sustainability of the land transportation sector by covering the largest possible ratio of operating costs through executing transportation demand management policies, and public-private partnerships for investing in and contributing to building and operating the country’s transportation systems.