Ras Al Khaimah gears up for major infrastructure spend

Ras Al Khaimah gears up for major infrastructure spend
Published: 01 March 2010

A new wave of infrastructure projects across the sectors is set to generate significant interest among investors and cement Ras Al Khaimah’s path to long-term growth, according to the Chairman of the RAK Finance Department.

In an exclusive interview with Oxford Business Group (OBG), a leading global publishing and research firm, Sheikh Faisal bin Saqr Al Qasimi said the extensive plans would bring a transformation to all areas of life, from industry to leisure activities.

 “Funds are to be spent in the development of our ports system, sewage plants, industrial parks, natural parks, and educational facilities,” he said.

The interview with Sheikh Faisal will feature in The Report: Ras Al Khaimah 2010, OBG’s forthcoming annual business report on the Emirate’s economy. The report is set to be the premier guide for foreign direct investment into Ras Al Khaimah’s economy. It will also include an interview with Sheikh Omar bin Saqr Al Qasimi, Chairman of RAK Bank, Gulf Cement and head of private affairs for Sheikh Saqr Al Qassimi, Ruler of RAK, as well as a Viewpoint from Dr. Khater Massaad, CEO of the RAK Investment Authority.