Industry, Logistics & Shipping

RAK FTZ named most innovative free zone

Ras Al Khaimah Free Trade Zone (RAK FTZ) has been honoured by the Emirates and Europe Economic Forum with an Innovation Award, winning the category of “Innovative Development of Free Zones” at an event in Warsaw, Poland recently.

“Being named as the most innovative free zone gives us great honour and joy. We, at RAK FTZ, have adopted the concept of innovation since our inception. This award is a recognition of our constant hard work of making the free zone an enabling business environment to the investment community,” said Ramy Jallad, CEO of RAK FTZ.

“In support of the UAE’s National Innovation strategy, we encourage everyone in the free zone to think and act in creative ways to achieve client satisfaction. We are proactive in coming up with new projects and value-added services, constructing more tailor-made facilities as well as reinventing our administrative systems to fast-track the processes and provide more ease of doing business. We always ensure that our clients are well supported by the best and most innovative business solutions.”

Gulay Avci, RAK FTZ’s regional manager – Turkey, accepted the award on behalf of the free zone. She also participated as one of the panellists at a discussion held on second day of the conference, which tackled the sources of investment financing and the role of financial institutions. – TradeArabia News Service