RAKEZ attracts overwhelming response from Indian Industries

RAKEZ attracts overwhelming response from Indian Industries

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Ras Al Khaimah Economic Zone (RAKEZ) said that they have received an overwhelming response from Indian industries to set up their units and facilities at Ras Al Khaimah Economic Zone in the UAE. This will provide a huge competitive edge they believe, to the Indian companies to compete with international markets as the cost of operations on set up as Ras Al Khaimah Economic would be reduced anywhere from 25 to 50 percent.

Ras Al Khaimah Economic Zone (RAKEZ) is fast emerging as the world’s fastest growing free and non-free economic zones providing a metropolitan culture for living and working in addition to all the facilities required to set up the industry. They give clearances with all licenses and other documentation required within 24 hours.

Industries from India such as Pharmaceuticals, Chemicals, Manufacturing, Auto, IT, Technology, Biotech, Financial Services etc. have shown keen interest to operate also from Ras Al Khaimah Economic Zone (RAKEZ) during an investment summit held here at a Press Conference here in Mumbai.

Addressing the Press Conference, His Highness Sheikh Ahmed Bin Saqr Al Qasimi, Chairman of RAKEZ, said that India has a special place for him in his heart and that he’s put in a lot of focus on India and other Asian company corporates from Ras Al Khaimah which provides international tasks, facilities in every way and provides access to global markets.

Highness Sheikh Ahmed Bin Saqr Al Qasimi, Chairman of RAKEZ, said that India has a special place for him in his heart and that he’s put in a lot of focus on India and other Asian company corporates from Ras Al Khaimah which provides international tasks, facilities in every way and provides access to global markets.

“We currently have 3,100 Indian companies across a broad spectrum of industry sectors at RAKEZ, constituting 22.7% of our entire business community. This makes the Indian investorsas our largest population based on nationality,” said Jallad.