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Ras Al Khaimah Economic Zone (RAKEZ) is making its presence felt at the Gulfood Manufacturing exhibition, held at the Dubai World Trade Centre (DWTC). In this article, we’ll delve into RAKEZ’s participation in this event and its dedication to showcasing the immense investment potential in Ras Al Khaimah. We’ll also explore the thriving food and beverage (F&B) sector in the UAE and RAKEZ’s role in supporting local and international investors.
RAKEZ’s Participation at Gulfood Manufacturing
RAKEZ actively engages with investors and major players in the F&B industry during the Gulfood Manufacturing exhibition. This participation underscores RAKEZ’s commitment to unveiling a wide range of investment opportunities in Ras Al Khaimah. The primary focus lies in understanding the specific needs of the F&B sector and highlighting the substantial advantages of operating within Ras Al Khaimah’s cost-efficient business ecosystem. RAKEZ aims to support F&B investors seeking to initiate or expand their operations in the UAE by offering attractive deals on warehouse facilities and land plots.
The Booming F&B Market in the UAE
The UAE’s F&B Market Overview
The F&B market in the UAE is currently valued at an impressive USD 38 billion, according to Statista, a renowned global market and consumer data firm. What’s even more promising is the expected growth, with a robust annual growth rate of 5.18% predicted until 2028. Additionally, projections indicate that the food market is set to achieve a growth rate of 4% by the end of 2024.
RAKEZ’s Perspective on the F&B Sector
Ramy Jallad, Group CEO of RAKEZ, acknowledges the remarkable growth opportunities within the UAE’s F&B sector. He notes, “The increasing demand for food products driven by the GCC’s burgeoning population presents a wealth of business prospects for F&B investors.” At Gulfood Manufacturing 2023, RAKEZ aims to empower these investors to tap into this expansive growth potential. The economic zone is dedicated to providing comprehensive support services and advanced infrastructure tailored to meet the evolving needs of this dynamic industry.
RAKEZ: The Preferred Choice for F&B Companies
RAKEZ has earned its reputation as the preferred choice for nearly 1,000 F&B companies, offering a wide array of sectors and activities, including:
- Food Production and Packaging: RAKEZ provides an ideal environment for companies involved in food production and packaging.
- F&B Manufacturing: Businesses in the F&B manufacturing sector find a conducive ecosystem within RAKEZ.
- Specialty Food Supply: RAKEZ supports speciality food supply companies in their operations.
- Catering and Food Services: The economic zone caters to companies offering catering and food services.
- Distribution and Logistics: RAKEZ’s logistics facilities are well-suited for F&B distribution operations.
Renowned F&B brands such as Italfood, Unikai Foods, Almarai, Ahmad Tea, and Sai Flavours are among the esteemed businesses with established operations within RAKEZ.
Explore RAKEZ’s Offerings at Gulfood Manufacturing 2023
F&B investors keen on exploring RAKEZ’s comprehensive offerings and engaging with its team of company formation experts can visit the RAKEZ stand located in DWTC’s Concourse 2 during Gulfood Manufacturing 2023. This provides an excellent opportunity to gain insights and explore the benefits of establishing or expanding F&B businesses within the vibrant ecosystem of Ras Al Khaimah.
Conclusion
In conclusion, RAKEZ’s participation in Gulfood Manufacturing 2023 underscores its commitment to supporting the growth of the F&B sector in the UAE. The economic zone provides an ideal environment for F&B investors, with attractive deals on warehouse facilities and land plots. With the booming F&B market in the UAE and RAKEZ’s comprehensive offerings, this is the perfect opportunity for investors to explore and capitalize on the immense potential within Ras Al Khaimah. So, don’t miss the chance to connect with RAKEZ experts at Gulfood Manufacturing 2023 and unlock the doors to thriving F&B opportunities.
