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Italian G&G chooses Ras Al Khaimah as a regional hub for its operations

The move comes through the lease of an industrial facility spanning over 10,000 square feet in the Al Hamra Industrial Area of Ras Al Khaimah Economic Zones (RAKEZ).

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Ras Al Khaimah, United Arab Emirates – G&G Composite is one of the world’s leading Italian companies. It is known for manufacturing and supplying advanced carbon fiber components and high-performance composite materials. Recently, they announced the establishment of their regional headquarters in the Emirate of Ras Al Khaimah. This aims to strengthen their presence in the markets of the UAE and the Middle East region.

The move comes through the leasing of an industrial facility with an area exceeding 10,000 square feet in the Hamra Industrial Zone. This area is affiliated with the Ras Al Khaimah Economic Zones “Rakez”. Here, the company will undertake the production of advanced components for various sectors. These include the automotive industry, especially motorsport and high-speed cars. In addition, the production covers the marine, defense, space industries, and the luxury interior design sector. The facility is scheduled to begin its full operational operations next September.

The lease agreement was signed at the Compass Business Center. Present were Stefano Assoni, Chairman, CEO and Co-Founder of G&G Composite, and Rami Glad, CEO of Rakez Group.

Asuni said that Ras Al Khaimah has been distinguished by a unique combination of competitive advantages. From its strategic location close to major industrial centers, to the rapid dynamism of the emirate’s automotive sector.

He added that Ras Al Khaimah’s growing industrial environment is promising for sustainable growth. We have seen a high level of support and response from the Rakez team. Ras Al Khaimah is a stable and promising business environment for the future, in line with our long-term vision.

Jalad stressed that the joining of G&G Composite to our industrial system in Ras Al Khaimah constitutes a qualitative strategic addition. It reflects the emirate’s growing position as a regional hub for high-tech industries. Their choice of Ras Al Khaimah is evidence of the growing confidence enjoyed by our investment environment. This is supported by advanced infrastructure, a strategic geographical location, and a regulatory framework that stimulates growth.

He added that G&G Composite’s expertise in manufacturing composite materials for advanced applications adds a new dimension to the value of our industries. It ranges from high-speed vehicles to the defense and aerospace industries. This supports our vision of establishing Ras Al Khaimah as a leading global destination for attracting innovation and advanced technologies.

The company also announced a strategic partnership with the Italian Venere Group. This group specializes in luxury solutions for the high-speed car sector and furniture and interior design. This partnership allows the integration of G&G Composite products from composite materials into applications. These applications combine outstanding performance with high luxury.

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