The UAE construction sector is thriving and offers enormous investment opportunities with Ras Al Khaimah alone boasting a pipeline of $75bn of projects under development.

Ras Al Khaimah Economic Zone (RAKEZ) is participating in the Big 5 Global exhibition, taking place at the Dubai World Trade Centre from November 26 to 29.

The event highlights the immense investment opportunities offered by the UAE’s construction sector, which is experiencing rapid growth and accounts for 44 per cent of new projects in the Middle East and North Africa region.

UAE free zone looking to capitalise on Ras Al Khaimah’s $75bn construction boom

RAKEZ looks to highlight investment opportunities and UAE construction growth at Big 5 Global exhibition

The UAE construction sector is thriving and offers enormous investment opportunities with Ras Al Khaimah alone boasting a pipeline of $75bn of projects under development.

Ras Al Khaimah Economic Zone (RAKEZ) is participating in the Big 5 Global exhibition, taking place at the Dubai World Trade Centre from November 26 to 29.

The event highlights the immense investment opportunities offered by the UAE’s construction sector, which is experiencing rapid growth and accounts for 44 per cent of new projects in the Middle East and North Africa region.

UAE construction growth

RAKEZ Group CEO Ramy Jallad said: “Ras Al Khaimah alone hosts over 1,000 projects valued at more than $75bn, including the $5bn Wynn Resort project”.

He also highlighted the emirate’s strategic location, which provides access to major logistical hubs and supports the construction sector.

He said: “As home to international firms such as Peikko Group, Sobha Modular, and Hira Industries, RAKEZ is a key force for startups, SMEs, and investors seeking substantial growth and expansion.

“At Big 5 Global, we are showcasing how RAKEZ serves as the premier hub for construction companies looking to tap into the opportunities we offer”.

RAKEZ offers seamless access to global markets and the rapidly growing local economy. The economic zone creates a comprehensive, business-friendly ecosystem that supports businesses in every step of their establishment and expansion.

This includes licencing, providing the right facility for business operations, assistance with necessary approvals, visa processing, connections to financing options, and introductions to key suppliers and partners.

Such a nurturing environment enables businesses to efficiently manage logistics, access specialised workforce, and build essential industry connections, thereby streamlining their entry and operations within the UAE.

Source: https://www.arabianbusiness.com/industries/construction/uae-free-zone-looking-to-capitalise-on-ras-al-khaimahs-75bn-construction-boom