navigation search this article has multiple issues . please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . january 2012 learn how and when to remove this template message this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . july 2015 learn how and when to remove this template message learn how and when to remove this template message ras al khaimah free trade zone rak ftz the cost effective investment destination founded 2000 headquarters ras al khaimah united arab emirates area served global key people his highness sheikh ahmed bin saqr al qasimi chairman ramy jallad acting ceo products business licences offices warehouses and land for development website www.rakftz.com ras al khaimah free trade zone rak ftz is a special economic zone in ras al khaimah which is one of the seven emirates that comprise the united arab emirates along with abu dhabi and dubai . rak ftz is around an hour s drive from dubai . it has investments from more than 8 000 companies in over a hundred countries representing more than 50 industry sectors . 1 contents 1 overview 2 rak ftz parks 3 rak ftz international offices 4 rak ftz uae business and promotion centres 5 see also 6 references 7 external links overview edit the free zone provides a tax free environment 100 % foreign ownership fast track visas freedom to source labour and materials globally and ongoing business support services . rak ftz provides these incentives at lower cost than free zones in other emirates . 2 3 rak ftz was established in may 2000 by an emiri decree . his highness sheikh ahmed bin saqr al qasimi is its chairman . 4 rak ftz has four free zone parks in ras al khaimah a business park for office clients an industrial park for heavy manufacturing a technology park for trading and light manufacturing and an academic zone for educational institutions . it also has representative offices in turkey india and germany . 1 rak ftz organises the business excellence awards and abiya was awarded the fastest growing company in 2015 . rak ftz parks edit business park the rak ftz business park consists of five buildings business centres 1 to 4 and the administration building . the business park is situated in the heart of ras al khaimah s business district . industrial park the industrial park is located along the ras al khaimah coastal road approximately 18 km north of ras al khaimah s city centre and immediately adjacent to hulaylah island . the park is about 6 km from ras al khaimah s saqr port covering an area of 128 hectares . it is developed for heavy industries and warehousing and also incorporates energy supply . the park s facilities include on site employee accommodations a customs office an operation supportive services centre as well as other administrative support and service centres . technology park located south of ras al khaimah s city centre the technology park enjoys close proximity to dubai via sheikh mohammed bin zayed road e311 and ras al khaimah international airport . covering an area of 100 hectares it is located opposite al hamra village and resort . it is situated in a rapidly expanding area devoted to light industries and automated manufacturing as well as capital intensive lifestyle projects . academic zone the academic zone comprises educational organisations that offer academic programmes to the rak and broader uae communities . the main cluster of campuses is in academic zone 3 which is centrally located in the al dhait area . some educational organisations established under the free zone operate from separate campuses at assigned locations in ras al khaimah . 5 rak ftz international offices edit india the rak ftz india office in mumbai officially began its activities in august 2005 making rak ftz the first uae free zone to have a liaison office in india . many of rak ftz s clients come from india . turkey rak ftz s turkey liaison office was established in december 2007 . it is located in atasehir on the asian side of istanbul and is easily accessible from any location in istanbul . rak ftz is the only uae free trade zone with a liaison office in turkey . germany rak ftz s germany liaison office was established in april 2008 in response to significant interest in the free zone from the german market . it is located at the mediapark in cologne . the office in germany is the base for rak ftz s activities in central europe . rak ftz uae business and promotion centres edit the ras al khaimah free trade zone authority also has promotion centres in dubai and abu dhabi . dubai the rak ftz promotion centres in dubai are located in the boulevard plaza tower 2 on sheikh zayed road and at festival tower in dubai festival city . abu dhabi rak ftz also has a promotion centre at abu dhabi mall abu dhabi . the office is located on the first floor of the west tower . see also edit ras al khaimah references edit a b rak free trade zone homepage . rakftz.com . retrieved 2015 07 03 . rak entices companies with low living costs the national . thenational.ae . retrieved 2015 07 03 . ras al khaimah charts its own economic course middle east real time wsj . blogs.wsj.com . 2014 09 08 . retrieved 2015 07 03 . the rak free zone . business dubai.com . retrieved 26 november 2015 . swan melanie july 7 2014 . pakistani university campus to open in rak . the national . uae . retrieved 2015 07 03 . external links edit rak ftz website retrieved from https en.wikipedia.org w index.php title ras al khaimah free trade zone & oldid 729015476 categories 2000 establishments in the united arab emiratesras al khaimahfree trade zones of the united arab emirateshidden categories articles with a promotional tone from january 2012all articles with a promotional tonearticles needing additional references from july 2015all articles needing additional referencesunited arab emirates articles missing geocoordinate dataall articles needing coordinates navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran aisitaliano t rk e edit links this page was last modified on 9 july 2016 at 07 19 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view