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>Business Opportunities in Ras Al Khaimah

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Located at the northeast of Dubai, Ras Al Khaimah is one of the seven emirates that make up the United Arab Emirates. The emirate has developed to be the business hub of the Middle East for both industrial and business set ups. If you are looking for a business opportunity in Ras Al Khaima, consider partnering with the Ras Al Khaimah Investment Authority (RAKIA).


A business set up in Ras Al Khaimah in now more convenient than ever. RAKIA helps clients to easily set up business in Ras Al Khaima with customized business set up solutions. Offering both free zone and non free zone licenses, RAKIA is a one stop shop for business formations. With quick and efficient services and transparent laws and regulations, owners can have their business set up in Ras Al Khaimah without having to worry about the political and economic stability of the emirate.


There are hundreds of international clients that have partnered with RAKIA and set up their businesses there from various sectors such as the plastic and chemical sector Cheap Cowboys Jerseys , the automotive sector and the building material sector just to name a few. One of the largest automotive manufacturers, Ashok Leyland owns a manufacturing facility in RAKIA’s Al Hamra Industrial Park. Having set up the facility in 2006, Ashok Leyland currently produces about 150 to 200 busses per month. These busses are manufactured to be exported to various countries in not only the Gulf Cooperation Council (GCC) region but to the Middle East and North Africa (MENA) region as well.


“Ashok Leyland is currently operating at 25-30% more than install capacity. Within four years, it has quadrupled its volume and has progressed from producing 500 buses in 2010 to 2,500 buses in 2014. The company expects to grow by at least 15-20% in the year ahead based on the growing economy in the surrounding area. RAKIA has helped its tenant keep costs low Wholesale Mike White Jersey , with land rates being the lowest - lower than other competitors like Dubai. This helped especially during the global recession. The ‘ease of doing business’ environment that RAKIA provides, as well as its location and infrastructure, helps Ashok Leyland keep its two major business costs - land and manpower - low. This has undoubtedly been a factor in spurring growth, as it has had an effect on what the company can produce. This has also meant the company has been able to focus on growing the business, rather than on worrying about operations Wholesale Dalton Schultz Jersey , since RAKIA always strives to be efficient and helpful when it comes to policies and procedures for tenants. Another factor, which is also crucial, of course, is market demand for Ashok Leyland’s products. The improvement in the GCC economy and increase in regional construction has stimulated demand, leading to a healthy order book Wholesale Dorance Armstrong Jr. Jersey ,” said K. M. Mandanna, Head of International Assembly Operations, Ashok Leyland RAK.


RAKIA provides their clients with amazing business opportunities that enables their clients to be extremely successful in their industry.

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