At the recent third edition of the Ministry of Industry and Advanced Technology’s (MoIAT) esteemed ‘Make it in the Emirates’ Forum, Ras Al Khaimah Economic Zone (RAKEZ) emerged as a significant contributor, serving as a sponsor, exhibitor, and key panel participant. Held at the prestigious Abu Dhabi Energy Centre, this event brought together various stakeholders, including decision-makers, government and private sector officials, experts, entrepreneurs, financing entities, investors, startups, and SMEs. The forum’s primary objective was to showcase investment opportunities within the local industrial sector, fostering collaboration and innovation to drive economic growth.
Strategic Sponsorship and Exhibition: Advancing Operation 300bn
As a sponsor and exhibitor, RAKEZ strategically aligned its participation with the overarching objectives of Operation 300bn, an initiative to boost the UAE’s industrial sector to new heights. By actively engaging in the forum, RAKEZ sought to bolster the UAE’s investment environment, promote innovation, and advocate for adopting advanced technologies within the industry. This proactive approach underscores RAKEZ’s commitment to catalyzing sustainable economic development and reinforcing the nation’s position as a global leader in industrial innovation.
Insights from RAKEZ Group CEO, Ramy Jallad
RAKEZ Group CEO Ramy Jallad played a pivotal role as a panelist in the ‘Make it in the Emirates’ Forum, contributing valuable insights on the theme of ‘Crafting Economic Success – Smart Incentives for Sustainable Manufacturing Growth and Securing Global Leadership in Key Sectors’. Jallad’s participation exemplified RAKEZ’s dedication to thought leadership and its proactive stance in shaping the future of the industrial landscape in the UAE.
Strategic Incentives Driving Economic Growth
During the forum, Mr Jallad elucidated the strategic incentives employed by RAKEZ to attract investments and foster sustainable growth within key industries. These incentives, meticulously crafted to align with the UAE’s economic goals, encompass competitive land rates, reduced utility costs, and substantial financial rebates. By offering these attractive incentives, RAKEZ aims to cultivate a conducive environment for thriving businesses, thereby driving economic diversification and ensuring the UAE’s continued prominence globally.
RAKEZ’s Role in Economic Diversification
Mr. Jallad underscored RAKEZ’s pivotal role in diversifying Ras Al Khaimah’s economic landscape and transforming it into a dynamic hub for industrial enterprises. Through its continued development and expansion initiatives, RAKEZ has significantly broadened the region’s economic base, fostering innovation and attracting investment across various sectors. This concerted effort not only enhances the economic vitality of Ras Al Khaimah but also contributes to the overall prosperity and resilience of the UAE’s economy.
Ambitious Goals for a Sustainable Future
RAKEZ’s participation in the ‘Make it in the Emirates’ Forum reaffirmed its commitment to a future-oriented vision centered on sustainability, global connectivity, and support for SMEs and startups. By prioritizing these ambitious goals, RAKEZ aims to ensure long-term economic stability and growth, reinforcing its position as a catalyst for positive change within the UAE’s industrial landscape.
Driving Innovation and Economic Diversity
Through its active engagement with industry leaders and stakeholders, RAKEZ is driving innovation, fostering economic diversity, and bolstering the UAE’s strategic vision of leading in sustainable and advanced manufacturing sectors. By facilitating collaboration and knowledge exchange, RAKEZ is propelling the nation towards greater economic prosperity and global competitiveness.
Conclusion
In conclusion, RAKEZ’s participation at the ‘Make it in the Emirates’ Forum exemplifies its pivotal role in elevating the UAE as a top business and innovation hub. By leveraging its strategic insights, industry expertise, and commitment to excellence, RAKEZ continues to drive positive change, foster innovation, and propel economic growth within the UAE and beyond.
