Raqez Concludes Visit to China to Strengthen Economic and Investment Cooperation

A delegation from the Ras Al Khaimah Economic Zone (RAKEZ), led by CEO Rami Jallad, has successfully completed a visit to four major cities in China: Shenzhen, Ningxia, Xiamen, and Hangzhou. This initiative aims to strengthen bilateral economic cooperation and enhance mutual investment opportunities between the United Arab Emirates and China.

During this trip, the RAKEZ team engaged in a series of meetings with prominent investors and entrepreneurs across various industrial sectors. These discussions covered areas such as smart electric vehicles, specialized furniture manufacturing, commercial drone technology, modern construction materials and techniques, advanced packaging solutions, and high-value manufacturing industries.

The delegation also held talks with officials from the Longhua Government in Shenzhen and the UAE Businessmen Association in Guangdong Province. The focus of these discussions was on promoting industrial integration and exploring sustainable business partnership opportunities.

Rami Jallad emphasized at the China-UAE Economic and Trade Cooperation Conference the significant transformation that has occurred in UAE free zones, particularly RAKEZ, moving from traditional platforms to integrated economic systems that foster innovation and attract global investments.

Also participating in the International Maritime Silk Road Cooperation Forum within the China International Investment and Trade Expo, Anas Hajjawi, RAKEZ’s Chief Commercial Officer, highlighted key investment opportunities in the Emirate of Ras Al Khaimah and the competitive advantages offered by RAKEZ.

Currently, RAKEZ hosts over 300 thriving Chinese companies operating in various sectors, including LED lighting systems, packaging and recycling, engineering, as well as food and beverage manufacturing. In total, the zone encompasses more than 35,000 businesses spanning over 50 sectors.

Business

Similar news

Emirates NBD Reports Quarterly Profit of 6.4 Billion with 3% Growth

حقق بنك الإمارات دبي الوطني صافي ربح 6.4 مليارات درهم في الربع الأول من العام الجاري بنمو نسبته...

Emsteel Announces Stability in Its Prices for Steel and Construction Materials

The Emsteel Group, a leading manufacturer of steel and integrated construction materials, has announced its commitment to supporting...

Dubai Taxi Acquires 600 New Taxi License Plates

Dubai Taxi Corporation, a leader in comprehensive mobility solutions in the city, has announced its acquisition of 600...

Bank and Real Estate Stocks Boost Dubai Market at the Start of Trading

The indicators of local financial markets exhibited mixed performance at the outset of trading on Thursday. The Dubai...