Sunday, 25 July 2010

RAK targets home for investment push - The National Newspaper


Ras al Khaimah is looking inwards for opportunities to attract foreign investment as it pulls back from overseas projects.

The northern emirate, which has some of the UAE’s most striking natural scenery, is now counting heavily on globe-trotting tourists to raise its profile on the world stage. Last week it unveiled a joint venture with an Indian group to develop a huge theme park complex called WOW RAK.

“We wanted to bring something extraordinary to Ras al Khaimah,” said Balwant Singh, the managing director of the developer Polo RAK Amusements.

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