Ras Al Khaimah: Ras Al Khaimah Economic Zone (RAKEZ) reinforced its position as a key player in the UAE's industrial transformation during its participation in Make it in the Emirates 2025. Group CEO Ramy Jallad participated in a high-level panel discussion on 'Synergies in the UAE's Industrial Landscape,' where he emphasised the growing interconnectivity between industrial zones across the country.
According to Emirates News Agency, Jallad spoke about the shift from standalone operations to collaborative, cross-emirate value chains, noting that manufacturers based in Ras Al Khaimah are increasingly supplying and partnering with companies in other emirates. He also highlighted the diversity of RAKEZ's industrial base, from food production and packaging to advanced sectors such as electric vehicles, defence, and composites, positioning this breadth as a key enabler in the UAE's drive toward a more integrated, innovation-led industrial ecosystem.
He also pointed to the UAE's logistics advantage, citing its extensive port infrastructure and the forthcoming Etihad Rail network as critical assets that will further strengthen national supply chain integration and industrial mobility. Commenting on the participation, Jallad stated that 'Make it in the Emirates is a truly integrated national platform that allows investors and industrial entrepreneurs to explore the UAE's attractive investment environment and discover promising opportunities in manufacturing, particularly in Ras Al Khaimah, which continues to strengthen its position as a leading industrial and investment hub in the region.'
Jallad further elaborated that RAKEZ's involvement in this important national event highlights the comprehensive ecosystem offered to investors, including advanced infrastructure, support services, and flexible solutions tailored to various industrial sectors. He emphasized the commitment to providing a business environment that attracts high-value investment, supports SME growth, and enables local industries to expand into regional and global markets.
Chief Strategy Officer Puneet Jain also contributed by participating in the 'Industrial Policy 2.0' roundtable, addressing the increasing demand for investor-centric regulation and responsive execution. He described how RAKEZ aligns national policy with operational delivery, offering streamlined licensing, integrated support services, and sector-specific infrastructure that simplify the investor journey.
During the forum, RAKEZ announced two major industrial projects. An AED1.1 billion agreement was signed with THi Investment Management Corporation to develop a 130,000 square-metre industrial park for advanced technology companies, expected to generate 2,500 jobs in Ras Al Khaimah. Additionally, a AED30 million agreement was concluded with Faraday Future Middle East FZ-LLC for the establishment of a 10,000 square-metre luxury electric vehicle assembly plant, which will create 200 skilled jobs.
Both Memorandums of Understanding were signed on behalf of RAKEZ by Yaser Abdulla Al Ahmed, Chief Government and Corporate Relations Officer. Co-signatories included Sebastian Rietveld, Business Development Director at THi, and Chui Tin Mok, Head of UAE and Executive Director at Faraday Future.