Abu dhabi: A high-level delegation of government and business leaders from Ras Al Khaimah has concluded a successful four-day tour in Guangdong and Fujian Provinces, hosting business promotion conferences themed 'Together Towards Shared Value' to showcase the emirate's fast-growing economy.
According to Emirates News Agency, the tour aimed to connect Southern China's corporate capabilities with Ras Al Khaimah's expanding economic landscape, fostering joint growth in advanced construction, green energy, and smart logistics.
The tour built on the momentum of landmark Memorandums of Understanding (MoUs) signed with the Bank of China and ICBC earlier this year. It also progressed the foundational cooperation established between Ras Al Khaimah and Guangdong Province under their 2024 collaboration agreement, aligning with Ras Al Khaimah's Vision 2030 strategy that emphasizes economic diversification, innovation, and sustainable development.
Ras Al Khaimah's delegation attracted significant regional interest, with over 500 Chinese business leaders and entrepreneurs participating to explore market entry and expansion opportunities in the emirate. The delegation highlighted three high-value pillars: Advanced Construction, Green Energy, and Smart Logistics. Leading entities such as Marjan, Al Hamra, RAK Properties, RAK Ports, and Ras Al Khaimah Economic Zone (RAKEZ), along with sustainability planner RAK Municipality, participated in the tour.
Alma Au Yeung, Greater China Affairs Advisor at the Office of the Ruler of Ras Al Khaimah, emphasized the emirate's stable, pro-business environment and world-class infrastructure. She welcomed visionary enterprises to use the emirate as a gateway to the Middle East, Africa, and South Asia, highlighting the potential for a sustainable future together.
Jianhua Holdings Group and Mighty Industrial Park exemplify the benefits of Ras Al Khaimah's economic ecosystem. Jianhua, a leading Chinese manufacturer of advanced construction materials, has established a high-capacity production and distribution hub at Saqr Port. Guo Qiang, Middle East Regional General Manager of Jianhua Holdings Group, noted the strategic location and supportive environment provided by Ras Al Khaimah, which drastically reduces transportation costs for heavy construction materials.
Mighty Industrial Park has created a platform to help Chinese enterprises capitalize on Ras Al Khaimah's business-friendly policies. Zhang Qinwei, Chairman of Mighty Industrial Park, highlighted the strong support for capital-heavy investments and policies like 100% foreign ownership and zero foreign exchange controls as key factors for Chinese companies to scale and thrive.
With its strategic location and connectivity, Ras Al Khaimah serves as a gateway for Chinese organizations to the EMEA region. The government invites Chinese enterprises to upcoming economic platforms, including the Ras Al Khaimah Energy Summit this November, emphasizing the emirate's message to forward-thinking Chinese businesses: Come Before the World Arrives.
