HH Sheikh Faisal Bin Saqr Al Qasimi inaugurates Eskate Middle East FZC production facility at RAK Free Trade Zone's Industrial Park
Ras Al Khaimah, May 1, 2012:
His Highness Sheikh Faisal Bin Saqr Al Qasimi, Chairman of RAK Finance Department and Ras Al Khaimah Free Trade Zone (RAK FTZ) - one of the fastest-growing and most cost-effective free trade zones in the UAE - today, inaugurated the new production facility of Eskate Middle East FZC, part of the world-renowned German group dealing in flanges and fittings, at the free zone's Industrial Park.
His Excellency Klaus Ranner, Consul General of Germany in Dubai, Dr Peter Göpfrich, CEO of German Emirati Joint Council for Industry and Commerce AHK in Dubai, Maryam Al Murshedi Al Shehhi, Deputy Director General of RAK FTZ, Oliver Breitenkamp, CEO of Eskate Middle East FZC, senior officials from German Embassy, and other dignitaries were present at the ceremony.
Eskate Middle East FZC has presence in a wide array of sectors including oil and gas, construction, petrochemicals, cement, environment, and trading services, among others, and has been associated with many prestigious projects in the region, including the Palm Jumeirah and Palm Jebel Ali developments.
In his comments at the inauguration, Breitenkamp said: "We are delighted with the inauguration of our production facility at RAK FTZ, and we are extremely thankful to the support and visionary leadership of Ras Al Khaimah and RAK FTZ. The free zone offers unmatched benefits through its strategic location, competitive costs, and the unique advantage to cater to both the Middle East and Africa markets."
He added: "This plant is a big step forward in our growth journey across the region, and we are confident that the facility will further build our leadership. With our new facility, we are looking at further penetrating the regional market across various business sectors, besides catering to our other global operations."
In his comments, Sheikh Faisal said: "We are extremely privileged to have the production facility of Eskate Middle East at RAK FTZ. The growing number of world-class companies at the free zone reinforces its position as a strategic hub for industries across multiple sectors. This is a major acknowledgement for our investment-friendly regulations and transparent policies, and we look forward to a mutually beneficial partnership with Eskate in the years to come."
The company, which is headquartered in Germany, with operations in South Africa and Poland, plans to expand its operations in RAK FTZ in the short-term with new warehouses and presence in Business Park, along with a massive warehouse facility at RAK FTZ's Industrial Park.
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About Ras Al Khaimah Free Trade Zone Authority:
Ras Al Khaimah Free Trade Zone (RAK FTZ) is one of the fastest-growing and most cost-effective free trade zones in the United Arab Emirates (UAE). With a reputation for affordability, flexibility and broad geographical reach, RAK FTZ is rapidly emerging as the preferred business hub in the region, from which investors can easily access and branch into the emerging markets.
2010 marked RAK FTZ's 10th year in operation, and in the past decade, it has gone from strength to strength, garnering accolades and awards along the way. Since its establishment in 2000, with only a handful of staff and a few offices, the free zone has grown by leaps and bounds and is now home to some 5,000+ active companies from 106 countries around the globe, employs more than 350 full-time staff, operates business and promotion centres in four locations in the UAE and has an expanding international presence, with liaison offices in Germany, Turkey, India and the USA. To learn more about RAK FTZ, please visit: www.rakftz.com
For further information, please contact:
Cleo Eleazar
Public Relations and Media Officer
Ras Al Khaimah Free Trade Zone Authority (RAK FTZ)
Phone: +971-7-2077173 E-mail: c.eleazar@rakftz.com
© Press Release 2012
