RAS AL KHAIMAH, UAE – Ras Al Khaimah Economic Zone (RAKEZ) is participating in the Gulfood exhibition to showcase its business solutions for global investors in the Food and Beverage (F&B) industry who want to establish and expand their operations in the UAE.
With an aim to promote the F&B industry, RAKEZ regularly participates in the annual Gulfood exhibitions and offers varied opportunities for F&B investors in Ras Al Khaimah and the UAE.
The F&B market in the UAE currently generates revenue close to US$38 billion, according to Statista, a global provider of market and consumer data, and it is projected to grow at the rate of 4.39 percent annually till 2027.
RAKEZ CEO Ramy Jallad highlighted the ever-growing demand for food globally and the scope of investment in the F&B industries across economies.
RAKEZ supports investors to gain a foothold in the local, regional and global markets through its business ecosystem.
Over 730 F&B companies are already operating in the RAKEZ economic zone, ranging from trading, manufacturing, packaging to catering and supplying food locally and internationally.
Yasin Abdul Majid Ranani, Managing Director of Al Amir Food Industries, chose RAKEZ for its suitable infrastructure and set-up costs.
RAKEZ offers complete built-up infrastructure that is ideal for carrying out operations easily and cost-effectively.
The industrial zones of RAKEZ offer strategic access to multiple ports and Ras Al Khaimah is a central location for bulk trades allowing easy distribution of goods.
RAKEZ actively supports investors at every step, from liaising with government entities to securing relevant approvals at the initial stage to connecting them with financial solution providers and suitable suppliers within the industry on their onward journey.
At the Gulfood exhibition this year, RAKEZ is offering an exclusive business set-up package to extend its expertise and services to new and established companies that wish to expand their reach globally.
Sameer K Mohammed, Managing Director of Jaleel Essential Food Industries, a food processing and packaging center, shared his experience of operating with RAKEZ.
He stated that RAKEZ’s business policies, registration process and pro-business regulatory environment have helped their company to operate easily.
Over the years, they have benefitted from its existing logistical infrastructure and resources to reach their goals.
Mamta Khatri, Director of Sai Flavours, which produces food ingredients, highlighted RAKEZ’s role in supporting the growth of their company over the past ten years.
The strong food cluster and supply chain locally, fantastic leasing rates, and excellent customer service supported their growth.
She praised RAKEZ for going the extra mile to assist their clients, irrespective of the company size.