Business

RAK PORTS has entered into a Memorandum of Understanding (MOU) with China's Jianhua Holdings Group to set up the region’s first manufacturing facility for Prestressed High-Strength Concrete piles in Ras Al Khaimah’s Maritime City Free Zone. The state-of-the-art factory represents a significant investment exceeding AED 100 million and is expected to drive industrial growth and support the UAE's strategic diversification goals.

The MOU, signed on September 11 in Shenzhen, China, aims to meet the rising demand for construction materials in the GCC and Asia. The collaboration aligns with Ras Al Khaimah’s vision of expanding industrial capacity and fostering economic development under the leadership of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah.

RAK PORTS’ CEO, Roy Cummins, highlighted the partnership’s importance: "This facility will help us meet the increasing regional demand for construction materials while enhancing our contributions to the UAE’s industrial sector."

Jianhua Holdings Group’s Founder and Chairman, Xu Jingxin, expressed enthusiasm for the project: "With over 30 years of expertise, Jianhua is committed to long-term, sustainable investment in Ras Al Khaimah, contributing to the robust economic growth of the UAE."

About RAK PORTS
RAK PORTS operates four ports in Ras Al Khaimah, offering services across various sectors, including bulk cargo, project cargo terminals, international container terminals, and ship repair. Its flagship, Saqr Port, is the largest bulk port in the Middle East and Africa, handling over 65 million tonnes of cargo annually.

About Jianhua Holdings Group
Founded in 1992, Jianhua Holdings Group is a leading conglomerate specializing in the production of prestressed high-strength concrete piles and pipes. With annual revenues exceeding $10 billion and a workforce of over 30,000, the group is expanding its presence in the Middle East to meet growing market demands.

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