Benefits of renting a warehouse in Ras Al Khaimah Economic Zone (RAKEZ)

  • 19 Apr 2024
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  • Business

Situated at a strategic crossroads between Asia, Europe and Africa, the United Arab Emirates (UAE) stands out as the premier destination for foreign direct investment (FDI) in the Middle East (ME) and Africa region. The country's pro-business policies, modern infrastructure, and strategic location have attracted multinational corporations and investors from around the globe. Furthermore, the UAE's commitment to innovation and diversification has fostered a thriving ecosystem for entrepreneurship and business development. In particular, Ras Al Khaimah (RAK), the northernmost of the seven Emirates, has emerged as a key player in driving economic growth and attracting foreign investment.

With its strategic location, investor-friendly policies, and vibrant business landscape, RAK offers unparalleled opportunities for companies looking to expand their presence in the region. Notably, Ras Al Khaimah (RAK) has witnessed steady growth and garnered credibility as a compelling hub for business, boasting a dynamic and diversified economy. The commercial incentives and cost-effective business set-up have enticed a diverse array of commercial activities to the region.

Overview of Ras Al Khaimah Economic Zone (RAKEZ):

Situated in the heart of the Emirate of Ras Al Khaimah in the United Arab Emirates, Ras Al Khaimah Economic Zone (RAKEZ) serves as a business powerhouse and a leading industrial hub. As a licensing authority, RAKEZ offers customisable solutions for UAE company formation to free zone and non-free zone businesses within a multinational community of over 21,000 companies operating across more than 50 sectors located throughout three industrial zones, two business zones and one academic zone.

Established by the Government of Ras Al Khaimah, RAKEZ is one of the largest economic zones in the region, providing support to startups, entrepreneurs, SMEs and industrialists with their business set-up processes and requirements. RAKEZ provides a wide range of business licences in the UAE, alongside residence visa services, customisable facilities and value-added support services including accounting, translation, bank account opening, recruitment, procurement, marketing and many more.

RAKEZ presents growth prospects across all sectors of trade, including the provision of professional services. Additionally, for businesses considering expansion or establishment in Ras Al Khaimah Economic Zone, the availability of warehouses for rent in Ras Al Khaimah provides significant benefits. The strategic placement of these commercial warehouses for rent in Ras Al Khaimah Economic Zone complements RAK's status as a burgeoning business hub, enabling companies to streamline their supply chains and enhance operational efficiency. Thus, the presence of modern warehouses in Ras Al Khaimah Economic Zone adds another layer of attractiveness to the already thriving business ecosystem in the region.

Benefits and incentives of renting a warehouse in Ras Al Khaimah:

When considering the prospect of renting warehouses within the Ras Al Khaimah Economic Zone (RAKEZ), businesses are presented with a multitude of compelling benefits and incentives. Let's explore how leveraging these advantages can pave the path for multifaceted growth:

Strategic location and accessibility:

Renting a warehouse in Ras Al Khaimah Economic Zone (RAKEZ) provides businesses with warehouses strategically located near major logistical hubs and transportation networks. This prime positioning facilitates seamless movement of goods and materials, reducing logistical challenges and enhancing operational efficiency.

Customisable warehouse in Ras Al Khaimah Economic Zone (RAKEZ):

Businesses have the flexibility to choose from a customisable warehouse in Ras Al Khaimah tailored to their specific requirements. Whether in need of storage space, logistics support, or facilities for assembly and fabrication, RAKEZ warehouses offer versatile solutions to accommodate diverse business needs.

Proximity to retail districts and major markets:

Renting a warehouse in RAKEZ grants businesses access to retail districts and major markets, fostering opportunities for increased market penetration and customer reach. This strategic advantage enables businesses to tap into new markets and expand their customer base effectively.

On-site labour and staff accommodations at RAKEZ warehouses:

RAKEZ warehouses in Ras Al Khaimah come equipped with on-site labour and staff accommodations, facilitating streamlined workflow management and ensuring round-the-clock operational support.

24-hour security and full accessibility at RAKEZ warehouses:

RAKEZ warehouses benefit from 24-hour security surveillance and full accessibility to warehouse facilities, ensuring the safety of assets and operations within the economic zone.

Visa eligibility and business support services:

RAKEZ offers businesses the opportunity to apply for UAE residence visas, facilitating the recruitment and retention of skilled personnel. Additionally, businesses can access administrative assistance, licensing support and consultancy services to streamline operations.

Flexible lease terms and payment options:

With flexible lease terms and payment options, RAKEZ caters to diverse business needs, allowing adaptation to evolving requirements.

Industrial zones of Ras Al Khaimah Economic Zone (RAKEZ):

 

RAKEZ hosts two prominent industrial zones offering diverse opportunities for warehouse rentals:

Al Hamra Industrial Zone:

  • Positioned as a modern industrial hub, Al Hamra Industrial Zone serves as an attractive destination for businesses across various industries
  • Offering both free zone and non-free zone entity formations, it provides businesses with the flexibility to choose the most suitable set-up for their operations
  • With ample land space available, Al Hamra Industrial Zone accommodates large-scale projects and facilitates the expansion plans of growing businesses
  • The industrial zone benefits from 24/7 guaranteed government-supplied power, gas, and water, ensuring uninterrupted operations
  • Its strategic location, in proximity to major cities in the UAE and ports within Ras Al Khaimah, enhances accessibility and connectivity for businesses engaged in manufacturing and processing activities. This zone presents excellent opportunities for companies seeking warehouses for rent in Ras Al Khaimah.

Al Hulaila Industrial Zone:

  • Tailored for heavy industry projects, Al Hulaila Industrial Zone offers state-of-the-art facilities and infrastructure to support manufacturing and industrial activities
  • Providing land for development and rental warehouses of various sizes, it caters to the diverse requirements of businesses involved in heavy manufacturing
  • Businesses within Al Hulaila Industrial Zone benefit from the flexibility to construct facilities based on their specific needs and operational requirements
  • Situated in close proximity to Saqr Port, the largest bulk-handling port in the Middle East, the industrial zone facilitates seamless logistics and transportation for businesses involved in import and export activities
  • With connectivity to other emirates and easy access to utility and communication providers, Al Hulaila Industrial Zone offers an ideal environment for businesses seeking to establish or expand their industrial operations in Ras Al Khaimah Economic Zone (RAKEZ).

In conclusion, the benefits of renting a warehouse in Ras Al Khaimah are abundantly clear, offering businesses unparalleled advantages in terms of strategic location, customizable facilities, and comprehensive support services. Whether it's warehousing services in Ras Al Khaimah or commercial warehouse for rent in Ras Al Khaimah, RAKEZ provides a dynamic ecosystem for businesses to thrive. With warehouses conveniently situated near major markets and transportation networks, companies can efficiently manage their logistics operations and expand their market reach. For businesses seeking a warehouse for rent in Ras Al Khaimah, RAKEZ stands as a premier destination, offering flexible lease terms and a wide range of industrial zones tailored to diverse needs.

To view a warehouse for rent, contact RAKEZ on +971 7 204 1111 or send an email to info@rakez.com.

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Last Updated on 12/29/2019 9:23:05 PM

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