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11/27/24, 11:24 AM Newspaper | Megazine | Blog | RAKEZ unveils opportunities in UAE’s construction sector at Big 5 Global

RAKEZ unveils opportunities in UAE’s construction sector at
Big 5 Global

18 hours ago Source: WAM 13

Ras Al Khaimah Economic Zone (RAKEZ) is participating in the Big 5 Global exhibition, taking place at the Dubai World
Trade Centre from 26th to 29th November.

The event highlights the immense investment opportunities offered by the UAE's construction sector, which is
experiencing rapid growth and accounts for 44% of new projects in the Middle East and North Africa region.

RAKEZ Group CEO Ramy Jallad said, "Ras Al Khaimah alone hosts over 1,000 projects valued at more than US$75
billion, including the US$5 billion Wynn Resort project.

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

"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," Jallad
added.

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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