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RAKIA Free ZoneThe RAK Investment Authority's mandate is to create an investment climate in the Emirate and to promote various economic sectors. The RAK Investment Authority has created an environment to sustain and promote business in the region through simplified processes, excellent infrastructure and partnering with investors. RAK's GDP has grown by 50% over the last four years. This growth is witnessed in manufacturing, services, real estate, construction and tourism. An example of the success is the operations of RAK Ceramics which is considered to be the largest, single, state-of-art, ceramic tile manufacturing facility in the world. This is due to the unique advantages one gets in operations in Ras Al Khaimah.
RAKIA has been able to attract close to US$ 1.2 billions of investment in less than 2 years ago in diverse and strategic fields. RAKIA has pharmaceuticals, electronics, renewable energy, heavy engineering, health & education, consumer products, tourism, automotive companies.
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