Sheikh Saud visits RAK FTZ Technology Park

Press release
Published July 21st, 2011 - 06:15 GMT

Al Bawaba
Al Bawaba

His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, paid an official visit to the RAK Free Trade Zone Technology Park today. 

H.H Sheikh Saud was welcomed by RAK FTZ senior executives including Oussama El Omari, RAK FTZ CEO, and Maryam Al Murshedi, Deputy Director General; along with other RAK FTZ representatives. 

Ahead of a site tour of the technology park, El Omari conducted a briefing for Sheikh Saud to introduce some of RAK Free Zone’s Technology Park companies. As part of its ongoing long-term commitment to develop a permanent infrastructure for the Technology Park, RAK FTZ is ramping up its already extensive business support offering to provide the optimum conditions a wide range of activities and investment opportunities required to achieve future success. 

The large number of operating companies already registered with RAK FTZ, and located in the Technology Park, encompass diverse sectors from automobile manufacturing and the plastics industry, to electricity cabling, building materials and perfume companies, to name but a few. 

“The Technology Park is breaking new ground not only with the construction of new facilities, but through a range of value-added services that are driving both interest as well as opportunity for expansion. The presence of a number of special car manufacturing companies is just one example of the growth areas that have developed substantially over the last few years. These companies are specialized in providing custom-made and they are one of the best vehicles in the world.” remarked El Omari. 

Upon conclusion of his visit, His Highness expressed great satisfaction with the progress and performance of RAK FTZ companies and with all the facilities provided by RAK FTZ.

Background Information

Ras Al Khaimah Free Trade Zone Authority

RAKEZ is an Authority established to oversee and consolidate the specialised parks and clients of both Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA). RAKEZ, the world-class economic zone is aimed at offering highly customised facilities and services within an efficient ecosystem in the emirate of Ras Al Khaimah. 

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