UAE: Ras Al Khaimah Industry

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How has the GCC petrochemical industry been affected by the Covid-19 pandemic?

With demand for cement in Ras Al Khaimah (RAK) poised to rise and regional projects already driving up exports, there are signs that the industry could be turning a corner.
The already busy glass industry in Ras Al Khaimah (RAK) is set to expand even further in 2013 with yet another overseas company setting up production facilities in the emirate. Indeed, RAK’s central location and low costs have become desirable for numerous companies looking to set up in the region.
The limestone deposits of Ras Al Khaimah (RAK), along with the emirate’s five ports, an airport and good road links to the rest of the UAE and GCC, have enabled the emirate to develop a substantial industrial sector, most notably in ceramics. Indeed, despite facing rising costs and uncertainty in overseas markets, RAK’s flagship industrial manufacturer recently reached a major milestone.
The industrial sector in Ras Al Khaimah (RAK) has continued post significant growth in recent years, thanks to a favourable business environment and prudent regulation.
A major free trade zone (FTZ) in Ras Al Khaimah (RAK) is looking to build on recent growth and expand its base to include new areas of business from an increasingly broad range of countries.

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