A Ras Al Khaimah Free Trade Zone delegation to Japan has shared its business set-up and expansion benefits with Japanese investors.

Led by Ramy Jallad, acting chief executive officer of RAK FTZ, the mission sought to enhance trade between the UAE and Japan, and to create new investment relationships between the two countries, said a statement.

Jallad conducted a series of high-level meetings with key government and investment bodies, as well as local companies, in Tokyo and Osaka over a five-day period.

“Japanese investors can expand their companies into the UAE by taking advantage of the strategic geographical location of RAK FTZ, making it easier for their products and services to reach fast-growing markets in the Middle East, Africa and Europe,” Jallad said.

“RAK FTZ also helps Japanese companies grow with a full range of business set-up and support services, high-quality facilities, complete freedom from taxes, full repatriation of profits, and lower costs, so they can generate higher profits,” he said.

Nihon Mesh Kogyo UAE, a Japan-headquartered manufacturer and distributor of wire mesh demisters for desalination plants, has selected RAK FTZ as its Middle East base to take advantage of the free zone’s ongoing business support services and strategic location, and is considering an expansion at RAK FTZ.

Keiji Tanaka, manager of Nihon Mesh, said: “We decided to set up a factory in the UAE to be closer to our customers, and RAK FTZ proved to be the most cost-effective and convenient option.” - TradeArabia News Service