(MENAFN-Khaleej Times) the ras al khaimah free trade zone authority or rak ftz recently announced that its new client registrations increased by nearly 30 per cent over the previous year
To accommodate the rising demand for its award-winning services and world-class facilities the rak ftz plans to build a new office tower in its business park that will accommodate more than 700 new clients. it will also construct 100 new warehouses in its technology park for clients doing business in trading and light manufacturing.
“the rak ftz continues to grow rapidly attracting top companies from emerging and established markets around the world and this is why we need to build more first-class offices and quality warehouses to accommodate them” said peter fort chief executive officer of the rak ftz. “our substantial increase in client registrations reflects the investors’ confidence in our cost-effective award winning business-friendly company setup services and high quality facilities.”
Two thousand nine hundred new companies registered with the rak ftz during 2013 an increase of nearly 30 per cent over the 2012 tally of 2300. the new office tower will have retail shops and restaurants on the ground floor; other floors will be outfitted with offices in a range of sizes to satisfy client demand. the tower will be designed as an environmentally-responsible and resource-efficient building.
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