Chinese companies are exploring opportunities to expand their business in Ras Al Khaimah

Ras al-Khaimah on August 16

Ras Al Khaimah Economic Zones “RAKEZ” is witnessing great interest from Chinese companies looking to explore investment opportunities in the UAE.
After the end of its successful commercial tour in major Chinese cities earlier this year, RAKEZ hosted many delegations from Chinese companies operating in various business sectors, including construction, manufacturing, trade, electronics and engineering, to see the enormous investment opportunities available in the emirate.
The schedule of visits included taking the delegations on a tour to get acquainted with the industrial areas of Braques, Al Marjan Island and Jebel Jais, in addition to holding meetings with representatives of various entities in the Emirate of Ras Al Khaimah.
During the visit, the Chinese investors looked at these promising sites in order to expand their business in various sectors, such as the real estate and tourism sectors in the emirate, especially with the support provided by RAKEZ in establishing and developing businesses in the region.
Rami Jallad, CEO of the “RAKEZ” Group, said, “The increasing interest of Chinese companies to expand in the region reflects our commitment to intensifying efforts to strengthen our relations with international investors by providing the necessary support and consolidating prospects for joint cooperation between the two parties. The strong relations of the United Arab Emirates with China is in drawing prosperous economic prospects, as China is today the largest non-oil trading partner of the UAE and the third largest foreign investor in the country, as well as with regard to centers, China is one of the most important main markets that we pay great attention to.
He added: “While the United Arab Emirates strives to strengthen trade relations between the two countries and reach the volume of trade exchange to $200 billion by 2030, establishing trade relations with Chinese companies has become more important than ever, and in this promising context, we welcome more investors.” Chinese to explore the promising opportunities offered by the Emirate of Ras Al Khaimah.”
RAKEZ currently hosts more than 400 Chinese companies, ranging from small and medium, as well as major industrial companies, operating in various sectors, as this reflects the diverse economic opportunities of the UAE and the attractiveness of the Emirate of Ras Al Khaimah in particular.

This year, RAKEZ succeeded in attracting more Chinese investments to the emirate, as it was able to support a number of Chinese companies in establishing their business in Ras Al Khaimah, the most important of which is Maxtron Show Lighting, which specializes in manufacturing video screens and programmable LED lighting systems, and many others. .
RAKEZ continues its commitment to promoting economic growth, developing investment, and providing an effective and flexible economic environment for various companies to help them grow and develop. The periodic visits of foreign trade delegations to the economic zone reflect the Authority’s continuous efforts to attract foreign investments and build long-term business relationships.