Ras Al Khaimah, UAE – THI Holding Investment Management Company announced the laying of the foundation stone for the Ras Al Khaimah Smart Manufacturing Complex project.
This is in preparation for the start of construction work on the company’s first industrial project in the Middle East.
This project is the first development within the THI industrial and real estate platform in the Middle East.
It represents a pivotal pillar of the company’s long-term strategy to support advanced manufacturing and localize industries in the region.
The project extends over an area of more than 300,000 square meters within the Al Hamra area of the Ras Al Khaimah Economic Zone “Rakiz”.
It is designed to attract manufacturing companies and high-value industries.
Which aspires to modern, expandable facilities with advanced technical specifications in the UAE.
The Ras Al Khaimah Smart Manufacturing Complex is planned to be a high-specification industrial project.
It is specifically designed to meet the requirements of advanced and intelligent manufacturing sectors.
The complex will support a variety of industries.
Including new energy industries, advanced manufacturing, logistics and industrial technologies while integrating sustainability considerations and effective structural planning.
As the developer, asset manager and operator of the project, THI will manage the complex and supervise all its stages from development and construction to management and long-term operation, with construction work being carried out in stages, in accordance with tenants’ requirements and operational readiness.
This development comes after the signing of a memorandum of understanding between the Ras Al Khaimah Economic Zones Authority “Rakez” and “THI” in 2024.
It established a framework for cooperation in the fields of industrial development and education, and contributed to supporting the establishment of advanced manufacturing infrastructure in the Emirate of Ras Al Khaimah.
THI brings to this project its extensive experience in developing industrial properties related to the manufacturing sector.
The Ras Al Khaimah project represents a practical application of these experiences within a new regional context, while aligning them with the needs of the local market and approved regulatory frameworks.
As part of its future plans, the company intends to continue expanding its industrial and real estate platform throughout the Middle East.
It thus relies on the Emirate of Ras Al Khaimah as a starting point for additional projects in the region.
