Chucri Rizk, Founder and CEO of ESPORSA Group, an innovative company aiming to become the hub of sports tech in the UAE and the region in the next few years, presents ESPORSA.
Is your major focus on the manufacturing sector or are you also trying to attract high-tech? Not only do we want to attract building materials but also industries that are sustainable in the long term and not cyclical or seasonal. A good manufacturing base does not necessarily mean cheap manpower, cheap raw material or cheap energy. It is a combination of everything, combination of facilities and simplicity of doing RAK business.
I would like to imagine RAK being a prime choice for investors, where whatever he dreams he will find it here. We created RAK Investment Authority, a window that makes sure that last minute planning happens as fast as possible, an Authority that actually does understand the meaning of time, the cost per time. So they become a consultant for an investor, an advisor to him, and allow him to even improve because of their local knowledge here.
Very much, because registering over 4,000 companies for the last seven years has so far impacted the economy of Ras Al Khaimah; from the household to the business to trade. Most of the companies use the ports and the airport; most of the companies have established themselves here. The recent company from Germany has invested handling 50 million Euros
