RAK FTZ registered 875 new companies in H1 2010

17/08/2010 - Ras Al Khaimah Property News
RAK FTZ registered 875 new companies in H1 2010

Posted by Bob Brunskill

The Ras Al Khaimah Free Trade Zone (RAK FTZ) has revealed that it registered 875 new companies in the first six months of this year.

Figures show that such growth contributed to a nine per cent rise in revenue for the free zone during the first half of 2010 compared to the same period last year.

Oussama El Omari, chief executive officer at RAK FTZ, claimed that the zone's "360-degree approach" to customer care and its increased marketing and public relations activities had strengthened its market presence during the period.

"Our customers are the major stakeholders in our success, and we constantly strive to provide them with better business solutions, infrastructure, technology and support. We have a customer-centred approach and a 'can do' attitude," he added.

According to RAK FTZ figures, consultancy is the largest business category that it caters for with a 21 per cent share, while information technology has a 14 per cent share and food stuffs ten per cent.

Meanwhile, the Al Bawaba news agency reported yesterday that an official trade team from RAK FTZ's Mumbai Liaison Office is due to hold interactive sessions and consultative meetings with potential Indian investors at The Taj Mount Road Hotel in Chennai from August 18th to 20th 2010.