RAKIA underlines focus on research-based strategies in launch of inaugural skills development program for 2011

Press release
Published March 10th, 2011 - 02:27 GMT

Ras Al Khaimah Investment Authority (RAKIA), a major provider of investment opportunities and one-stop solutions in its free zones, industrial parks and offshore facilities as well as in real estate developments and other ventures, has announced that it has launched a series of training programs in coordination with the RAK Educational Zone and Sorouh Recruitment, as part of the company's continuing thrust to invest in sustained skills development initiatives for its employees. The partnership with academic institutions underlines RAKIA's focus on adopting a research-based approach in employee development and in providing services, with the ultimate aim of enhancing the reputation of Ras Al Khaimah as a world-class investment and lifestyle destination. 

The universities that have partnered with RAKIA for the program will provide resources for the seminars on employee development, while students from these universities have been offered internship and potential career opportunities at RAKIA. On the other hand, RAKIA also unveiled plans to hold joint activities with various organisations in the auto, chemical, plastic and food sectors in Europe and Asia, including an upcoming presentation to members of the “Organization of Plastics Processors of India”, as part of efforts to actively promote RAKIA's services and offerings within new growth markets. 

Nadia Al Mandoos, Head of Employee Development said: "The newly launched training programs demonstrate RAKIA's strong commitment to invest in the skills development of our employees, which will ultimately help us provide better service for our clients. We have partnered with academic institutions for this program as we are eager to adopt a research-oriented strategy in attracting more investors and multinationals to invest in RAKIA. These initiatives are crucial as we will embark on a major marketing campaign in 2011 to promote RAKIA to emerging and high-growth markets worldwide." 

 “Employee development initiatives increase the knowledge and skills of employees and enable them to be more productive and efficient in the workplace. Moreover, a well-organised skills development program serves as a very attractive incentive for employees in addition to conventional benefits, making them more accountable, responsible and passionate with their work,” added Al Mandoos. 

Since its establishment in 2005, RAKIA has become one of the pillars of the emirate's economic progress, attracting investors from all over the world through Free Zone and Non-Free Zone facilities of RAKIA's Industrial Zone and Free Zone in Al Hamra, and the Industrial Park in Al Ghail. 

Background Information

The RAK Investment Authority

RAKEZ is an Authority established to oversee and consolidate the specialised parks and clients of both Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA). RAKEZ, the world-class economic zone is aimed at offering highly customised facilities and services within an efficient ecosystem in the emirate of Ras Al Khaimah

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