RAKEZ discusses investment opportunities with Chinese business owners

  • Date: 27-May-2023
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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RAKEZ discusses investment opportunities with Chinese business owners

A top-level delegation from Ras Al Khaimah Economic Zone (RAKEZ) has concluded its trip to China, where it effectively engaged with numerous investors across five major cities with the exceptional benefits of expanding businesses to Ras Al Khaimah.

The RAKEZ team interacted with prominent Chinese business owners operating in a diverse range of sectors, including master developers, leading business and science parks, information technology, electronics, engineering, and automotive companies.

With a diplomatic relationship dating back 39 years to 1984, China has emerged as the UAE’s largest non-oil trading partner. As the two allies seek to boost their bilateral trade to $200 billion by 2030, this is a prime time for Chinese investors to explore business avenues in the fast-growing economy of the UAE.

During their extensive tour, the RAKEZ delegation traveled through Shanghai, Suzhou, Qingdao, Tianjin, Guangzhou, Foshan, and Zhuhai, strategically showcasing the diverse investment opportunities available in Ras Al Khaimah while providing an overview of its thriving economy.

Ramy Jallad

Group CEO

RAKEZ “The Emirate of Ras Al Khaimah has positioned itself as a preferred hub for international traders due to its business-friendly ecosystem complemented by a range of factors that make setting up and expanding operations here, as well as accessing the MENA region,