| Market & Trends |
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RAK: Smooth industry
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| The already busy glass industry in Ras Al Khaimah (RAK) is set to expand even further in 2013 with yet another overseas company setting up production facilities in the emirate. Indeed, RAK’s central location and low costs have become desirable for numerous companies looking to set up in the region.
The industrial sector is one of the pillars of the emirate’s economy, contributing around 30% of GDP in 2011, well up on the 23% at the end of last decade. While a detailed breakdown of each sector’s contribution is not available, the input of the glass sector is growing and is likely to continue to do so.
Read more here.
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September 10th, 2012
Source: www.oxfordbusinessgroup.com |
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