A CEO`s Meet was organized by Ras Al Khaimah Investment Authority (RAKIA) with Indian Business Council, Sharjah and Morison Menon Chartered Accountants (MMCA) as the sponsors. The meet was held at Radisson Sas Hotel in Sharjah on December 08, 2007. This one day event was attended by over 100 top Indian businessmen and CEO`s mainly from Sharjah. The objective was to share the success and business opportunities available to investors in Ras Al Khaimah. Ras Al Khaimah is fast emerging as the ideal investment destination in the Gulf region, with the government providing an investor friendly policy to the business entrepreneurs, with particular emphasis to the industrial sector.



An audio visual presentation of policies, procedures, growth path, and way forward was shared with investors by Mr. Raman Iyer, General Manager, RAKIA. In his presentation Mr. Raman explained the success of RAKIA in fully leasing out Industrial Zone I , Industrial Zone II and Al Hamra Free Zone in first 24 months that brought in investment close to USD 2 Billion. This was achieved based on the hard work of his team and support from the investors. The key sectors of growth have been real estate, tourism, cement, construction industry, mining, agriculture, trade and industry. A number of reputed manufacturing industries have been set up in Ras Al Khaimah. The key investors in RAKIA are Guardian Glass, JBF , Beaufort RAK, Mabani Steel, Zamil Steel, Young And Hwa Steel, RAK Steel , Dabur, Ashok Leyland, Pioneer Cement, Spinneys, Ghani Glass, Klude, Franke to name a few. This was followed by experience sharing by one CEO of operating companies Mr. Surya Nandi, Managing Director of Future Vision. He conveyed to the audience his happiness of being at RAKIA Industrial / Free Zones due to various unique positive factors.