Ras Al Khaimah Free Trade Zone Shares Business Set-Up and Expansion Benefits With Investors in China
His Highness Sheikh Ahmad Bin Saqr Al Qasimi, Chairman, Ras Al Khaimah Free Trade Zone (RAK FTZ), led a free zone delegation to China in order to share the advantages and benefits of setting up and expanding businesses at RAK FTZ with Chinese investors.
Both HH Sheikh Ahmad Bin Saqr Al Qasimi and Ramy Jallad, Acting CEO of RAK FTZ, conducted high-level meetings and seminars with key government and investment bodies, as well as local companies, and led meetings in the Chinese cities of Guangzhou, Shenzhen, Foshan and Hong Kong. The meetings took place from 24-28 May 2015. It was RAK FTZ's second road show in China. A free zone delegation visited Beijing in November 2014.
"Since the UAE and China established diplomatic relations more than 30 years ago, bilateral cooperation between the two countries has produced continuous growth across numerous economic sectors in both nations," HH Sheikh Ahmad said. "Economic development is particularly beneficial to Chinese investors at RAK FTZ, where they can operate free of taxation, with full ownership of their companies and a full range of business set-up and support services to ensure their success."
RAK FTZ has attracted interest from several Chinese investors who have set up companies in the free zone.
