RAS AL KHAIMAH, 25 April 2015: As part of its ongoing initiatives to conserve the earth's resources while providing the highest-quality service to clients, Ras Al Khaimah Free Trade Zone (RAK FTZ) has opened a state-of-the-art District Cooling Plant to meet its air-conditioning demand. The plant, which uses chilled water to control air temperature and treat ventilated air in RAK FTZ buildings, was designed by RAK FTZ engineers. It enables the free zone's air conditioning units to use less electricity while producing better air quality and more climate control for clients.

The new, AED 25 million plant is the second District Cooling Plant in Ras Al Khaimah, and the first one in the emirate that was built for a non-commercial use. As an additional benefit to the environment, the plant will recycle the water it discharges to irrigate trees and plants.

"The opening of our new District Cooling Plant underscores RAK FTZ's commitment to continuously improve the free zone's infrastructure and find new and better ways to reduce energy and water consumption while making it as easy as possible for our clients to conduct business," said Eyad Ismail, RAK FTZ's Engineering Manager. "The new plant will not only reduce carbon emissions and provide better air conditioning for our clients, it can also be enlarged to provide energy-efficient climate control for more RAK FTZ clients in the future as the free zone continues to expand."

The opening of the plant closely follows the announcement of two awards that RAK FTZ recently won for its environmentally friendly initiatives. For the second year in a row, the free zone won the Environment Protection & Development Authority of Ras Al Khaimah's award for the best environmental practices in the emirate. The free zone also won the German Emirati Joint Council for Industry and Commerce award for Corporate Social Responsibility (CSR).

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About Ras Al Khaimah Free Trade Zone:
Ras Al Khaimah Free Trade Zone (RAK FTZ) provides award-winning services and world-class facilities, enabling clients to quickly and efficiently set up and grow profitable companies in the United Arab Emirates. Home to more than 8,000 active companies from over 100 countries and over 50 industry sectors, RAK FTZ offers completely tax-free status to its clients, allows for 100 per cent foreign ownership and unrestricted repatriation of profits, in addition to a host of other business-friendly incentives.

Less than an hour's drive from Dubai, RAK FTZ offers significant geographical advantages for clients to easily access markets in the Middle East, Africa and South Asia. It caters to the unique requirements of small, medium and large businesses with four free zone parks including business centre facilities, offices, warehouses and land for development, as well as facilities for educational institutions. Since its inception 15 years ago, RAK FTZ has diversified from its traditional focus on industrial manufacturing to also support trading, sales and marketing activities, a wide range of service sectors, as well as logistics and distribution platforms. To learn more about RAK FTZ, please visit www.rakftz.com

Media Contact:
Cleo Eleazar                                                       
Public Relations and Events Manager
Ras Al Khaimah Free Trade Zone Authority (RAK FTZ)
Phone: +971-7-2077173
E-mail: c.eleazar@rakftz.com

© Press Release 2015