• Caresoft Global, a global company specialising in automotive benchmarking and engineering solutions related to product development, cost optimisation, and manufacturing process engineering. The company occupies a 7,300 sq m facility in Al Hamra Industrial Zone and is set to create 100 engineering job opportunities in Ras Al Khaimah.
Established in 2007 and currently headquartered near Detroit, USA, Caresoft has built a presence in over 15 locations across North America, Europe, China, India, and Southeast Asia. The newly launched facility in RAKEZ is an expansion move to effectively cater to the increasing demand for reverse engineering solutions in the Middle East and North Africa (Mena) markets.
• Polar Manufacturing, one of the leading advanced engineering and carbon fibre manufacturers. Its new facility in RAKEZ will cater to the growing demand for carbon fibre and composite products in the UAE and Mena.
Established in 2011 in Norfolk, UK, the company’s Ras Al Khaimah base occupies a 3,600 sq m land with a built-up area of 1,364 sq m where it is set to design and manufacture carbon fibre products for blue-chip brands in various fields, such as automotive, aerospace, sport and leisure, agriculture, defense, marine, medical, transport, also including high-end bespoke commissions.
• RAD International Road Construction, a prominent road construction player. The branch company was established in RAKEZ under the name of RAD Asphalt, with an approximate investment of AED 10 million.
With more than 18 years of experience in the UAE’s road construction industry, RAD International Road Construction LLC has established a strong local presence by catering to various projects within the country.
RAD’s new facility in RAKEZ spreads over 10,000 sq m of land, and hosts more than 200 workers. The facility will be RAD’s production base for materials necessary for the implementation of road construction services.
• Embosal Steel Mills, a conglomerate family business established in the 1980s in UAE, specialising in manufacturing of structural steel pipes and tubes, water transmission pipes and piling pipes.
Embosal Steel Mills will soon be joined by three of its sister companies in its new 140,000 sq m land plot at RAKEZ. The project will have a total investment of AED 250 million, and a workforce of over 450 employees, with a combined annual capacity of 1.5 million metric tonnes of steel tubes and pipes.
All products will be distributed to local projects within UAE and overseas.
• Austrian SAN Group, the group has chosen RAKEZ as the platform for its green hydrogen and farming subsidiary SAN Enertech.
The company will construct a fully integrated sustainable hydrogen production unit, plant, and fish farming on a land plot of 8,470 sq m in RAKEZ Al Hamra Industrial Zone with an investment of AED 12 million.
This biotech facility will consist of a research centre, laboratory, desalination plant, green house as well as hydroponic and aquaponic indoor systems. It will generate energy through solar power systems that serves as the source of electricity for all the buildings in the premises.
