Ras Al Khaimah Economic Zone (RAKEZ) has supported the first-ever Future Food 2019, an event that aims to develop the country’s food and beverage (F&B) manufacturing industry. From 25-26 September at the Address Hotel, Dubai, RAKEZ has met with over 400 F&B industry players who took interest on exploring the specialised industrial solutions offered by the economic zone to the sector.
RAKEZ’s participation in Future Food is a strategic push to its recently launched Industrial Strategy of increasing Ras Al Khaimah’s manufacturing GDP by 65% in 2030, where it aims to attract more manufacturers in the field of F&B and other key sectors. Presently, over 960 businesses out of its 14,500 client portfolio are thriving in the F&B segment.
“The inaugural year of Future Food was a great success and we are very happy to be a part of it. The event introduced us to first-hand to the core issues faced by F&B sector, the current trends and best practices. More than that, it helped us gained valuable connections with industry leaders who can potentially expand their operations to our ecosystem,” said Ramy Jallad, Group CEO of RAKEZ.
Commenting on how RAKEZ supports F&B manufacturers, Mr Jallad, said: “Being located in Ras Al Khaimah, F&B manufacturers take advantage of the emirate’s cost-effectiveness. Here, F&B companies enjoy a maximum 50% reduction on set up and operating costs when compared to the region. We support this key benefit by offering them with turnkey industrial solutions, from warehouses and land for development to accommodations for their workforce, in our industrial zones which are in proximity to major logistical hubs. This makes moving goods to and from the region easier and faster. Our industrial zones are viable ecosystems for all types of industrial-related F&B activities, such as food processing, industrial baking, sugar refining, hydrophonic farming, and many more.”
Over the years, RAKEZ’s industrial zones have been serving as a manufacturing base for F&B giants, such as: Hesburger, one of the largest food chains in Northern Europe; Chocolala, among the leading chocolate makers in the UAE; Unikai Foods, one of the largest Fast Moving Consumer Goods (FMCG) conglomerates in the Middle East and North Africa region; and Al Marai, an Arabian dairy manufacturer.