Brazil to Highlight Potential Investment Opportunities in Ras Al Khaimah
The Arab Brazilian Chamber of Commerce (ABCC) will be organizing the browse through of a delegation from the Ras Al Khaimah Economic Zone (RAKEZ) as part of the emirate's relocate to bring in more Brazilian financial investments right into the UAE. The delegation is readied to supply a discussion showcasing potential investment chances in RAK to Brazilian business owners during a breakfast conference to be organized by the ABCC on August 29, 2017 in Sao Paulo.
RAKEZ, the organization in charge of RAK's investment authority and free trade zones, will certainly be throwing the spotlight on the several benefits and benefits to be gotten from purchasing the UAE. RAKEZ supplies key access to large markets, eye-catching tax incentives, 100 per cent ownership, modern infrastructure, transparent government processes and large access to a big variety of item distributors and service providers.
Dr Michel Alaby, Secretary General and CEO, ABCC, stated, "We are very delighted to organize the check out of the delegation from RAKEZ. Brazilian capitalists have expressed key interest in discovering business opportunities in the UAE, specifically throughout its various emirates. RAK shows to be a very tactical location for Brazilian business - providing the option of making use of the free area as a hub to serve the Gulf market, in addition to those of Pakistan, India, Iran and the former Soviet republics."
RAKEZ manages 3 industrial parks, as well as areas for foreign trade organisations to operate from, services, consulting companies, academic companies and media firms. The hub is presently the home of some 13,000 business from 100 different nations and energetic in over 50 markets. In 2014, agents from the Ras Al Khaimah Free Zone held a similar discussion in Sao Paulo, which shared that there were 25 Brazilian business in the emirate at that time.
In addition to the ABCC hosted meeting in Sao Paulo, the RAKEZ delegation will certainly likewise be supplying a discussion to participants of the Federation of Industries of the State of Minas Gerais (FIEMG) in Belo Horizonte. The group will certainly be signed up with by Alaby, that will deliver a lecture on the best ways to discuss with Arab nations.
