RAS AL KHAIMAH, 7 July 2015

Ras Al Khaimah Free Trade Zone (RAK FTZ) has opened 100 new warehouses in its Technology Park, for clients involved in trading as well as light and medium industrial manufacturing. The development highlights the free zone's ongoing commitment to provide a full range of world-class facilities to meet investors' needs.

RAK FTZ embarked on the AED 47 million project to answer the rising demand for facilities where activities such as shipping, storage and product redistribution can be managed.

"The opening of the 100 new warehouses shows our initiative to offer modern infrastructure that is not only of the highest quality, but is also tailored to the specific requirements of individual business owners," said Ramy Jallad, Acting CEO, RAK FTZ. "We are continuously striving to provide a wide range of ready-made, cost-effective facilities that are designed to help companies reach their full potential."

 Supervised and managed by RAK FTZ engineers, the newly constructed warehouses were made from advanced, high-performance materials. They have reinforced concrete flooring designed mainly to accommodate the heavier machinery that is often used in industrial manufacturing. They also have more electrical power capacity than their predecessors.

 "We equipped the warehouses with valuable features to accommodate a broad range of industrial facility requirements," said Eyad Ismail, RAK FTZ's Engineering Manager. "Apart from having higher ceilings and bigger doors to enable loading and unloading of big trucks, the new warehouses come with removable precast hollow core walls. This means that when companies grow, they have the option to expand their floor space to as much as 8,600 square metres."

Additionally, the new warehouses each have their own water supply tank and fire-safety mechanisms such as sprinklers, suppression systems and fire detectors. Each warehouse also comes with its own kitchen, bathroom and office. Further, the warehouse project includes new infrastructure such as roads, water and electrical connections, a central firefighting network, drainage, and other features.

With flexible warehousing opportunities at RAK FTZ, companies that conduct trading and manufacturing operations at the free zone can effectively meet the needs of their customers.

-Ends-

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

© Press Release 2015