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In the bustling landscape of the United Arab Emirates (UAE), the construction industry is undergoing a remarkable transformation. Ras Al Khaimah Economic Zone (RAKEZ) stands at the forefront, empowering construction startups, small and medium-sized enterprises (SMEs), manufacturers, and investors to set up and expand their operations. This article delves into RAKEZ’s participation in Big 5 Global, shedding light on its dedication to the industry and the myriad opportunities it brings to the business realm of Ras Al Khaimah and the wider UAE.
RAKEZ at Big 5 Global: A Gateway to Success
At the heart of Dubai, the Dubai World Trade Center (DWTC) hosts Big 5 Global, a pivotal event that draws construction enthusiasts worldwide. RAKEZ’s decision to participate in this event underscores its commitment to the industry. But what exactly does RAKEZ have in store for construction enthusiasts? Let’s explore.
RAKEZ Group CEO’s Vision
Ramy Jallad, the CEO of RAKEZ, paints a promising picture for the construction industry in the UAE. With a projected value exceeding USD 133 billion by 2027, as the Global Data Report reports, the UAE’s construction industry is on an upward trajectory, set for a robust 3.3% expansion this year. Jallad asserts, “We firmly believe that we can contribute to these figures, setting the stage for construction and building materials companies through our participation in Big 5 Global.”
Facilitating Growth and Global Expansion
RAKEZ’s ambitions reach far beyond numbers. Jallad states, “Our goal is to enhance growth prospects for construction and building materials companies and assist them in reaching broader markets. These significant growth prospects offer extensive opportunities for companies and investors within our nation. Therefore, we aim to take the lead in seizing these opportunities, facilitating all stakeholders’ growth and global expansion.”
The RAKEZ Advantage: Supporting Success Stories
In construction, success stories often emerge from strategic partnerships and conducive business environments. RAKEZ, with its business ecosystem, is fostering an optimal growth environment for numerous construction firms. Let’s look at a few of these success stories.
Fabcon Industrial Services: Building Dreams with RAKEZ
Binu Jacob, General Manager of Fabcon Industrial Services, testifies to the unwavering support provided by RAKEZ. Jacob affirms, “Over the last 16 years, we have consistently experienced potential growth, expanding our facilities and undertaking projects from around the world. This success can be attributed to RAKEZ, who is providing exceptional support in terms of infrastructure and government interfaces, allowing us to concentrate on our business.”
Fala Group: A Journey of Evolution
Hani Ihsan Kurbaj, Vice Chairman of Fala Group, shares their transformative journey with RAKEZ. He says, “We set up Fala Asphalt Industry with RAKEZ in 2012, and our organization has undergone great change since then. We got governmental infrastructural projects, hired more employees, welcomed diversity and gender balance in the workplace, and diversified our investments in the UAE and overseas. In all this, RAKEZ has been our supportive strategic partner, understanding our needs and always working with us. We are optimistic that if we continue like this, we can double our efforts to expand in the years to come.”
RAKEZ: A Catalyst for Construction Sector Advancement
RAKEZ is not just a spectator; it’s a prominent leader driving progress in the construction sector. At Big 5 Global, the economic zone is committed to enhancing its proficiency and offerings, catering to the needs of emerging startups and well-established companies, all seeking to broaden their global presence.
Explore RAKEZ’s Exclusive Offer
To explore RAKEZ’s exclusive business set-up offer, which includes a license with no cost for 2 years, and to engage with its team of company formation experts, investors are encouraged to visit the RAKEZ stand located in DWTC during Big 5 Global.
RAKEZ’s presence at Big 5 Global signifies its unwavering commitment to fostering growth and prosperity in the construction industry. With success stories as proof and a visionary CEO at the helm, RAKEZ is poised to be a game-changer for startups, SMEs, manufacturers, and investors seeking to make their mark in the dynamic business landscape of Ras Al Khaimah and the UAE. Don’t miss the opportunity to explore what RAKEZ offers at Big 5 Global and be part of the construction revolution.