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11/27/24, 11:24 AM UAE free zone looking to capitalise on Ras Al Khaimah’s $75bn construction boom - Arabian Business: Latest News on the Middl…
new projects in the Middle East and North Africa region.

UAE construction growth

RAKEZ Group CEO Ramy Jallad said: “Ras Al Khaimah alone hosts over 1,000 projects

valued at more than $75bn, including the $5bn Wynn Resort project”.

He also highlighted the emirate’s strategic location, which provides access to major
logistical hubs and supports the construction sector.

He said: “As home to international firms such as Peikko Group, Sobha Modular, and Hira

Industries, RAKEZ is a key force for startups, SMEs, and investors seeking substantial

growth and expansion.

“At Big 5 Global, we are showcasing how RAKEZ serves as the premier hub for construction
companies looking to tap into the opportunities we offer”.

RAKEZ offers seamless access to global markets and the rapidly growing local economy.

The economic zone creates a comprehensive, business-friendly ecosystem that supports
businesses in every step of their establishment and expansion.

This includes licencing, providing the right facility for business operations, assistance with

necessary approvals, visa processing, connections to financing options, and introductions
to key suppliers and partners.

Such a nurturing environment enables businesses to efficiently manage logistics, access

specialised workforce, and build essential industry connections, thereby streamlining their
entry and operations within the UAE.

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