RAK ruler inaugurates third phase of the world’s largest, privately owned, armoured vehicle facility in Ras Al Khaimah

RAK ruler inaugurates third phase of the world’s largest, privately owned, armoured vehicle facility in Ras Al Khaimah

Ras Al Khaimah: This weekend, STREIT Group, the world's leading, privately owned manufacturer of armoured vehicles, inaugurated Phase three of the world's largest, privately owned defence park for armoured vehicles at the Ras Al Khaimah Economic Zone (RAKEZ), with the patronage of His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah.

A two-day grand opening ceremony was held on the 25th and 26th of February 2023 in Ras Al Khaimah, UAE, to celebrate 30 years of legacy. The STREIT Group showed the largest array of defense manufacturing products, engaging activities, privileged previews, and unique demonstrations that kept our guests on the edge of their seats. Day one of the opening culminated in a gala dinner with a celebrity performance, while day two was culminated with a cruise on a magnificent yacht.

The inauguration marks the completion of the third phase of expansion planned by STREIT Group, and will be added to the armoured vehicle manufacturing facility which is already operational since 2006.

A successful completion of Phase Three was achieved in 2022. The STREIT Group's workforce reached 1200 employees with the completion of Phase Three, rising to 2000 employees next year, with a total investment