Ras Al Khaimah Free Trade Zone (RAK FTZ) plans to expand the FTZ by attracting more companies from the Far East and Southeast Asia. Peter Fort, Chief Executive Officer, RAK FTZ talking to Janaki Krishnamoorthi, elaborates on the FTZ's unique features, advantages and future plans.
Tag: Janaki Krishnamoorthi
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Engines of growth
The success of an FTZ depends on various factors like attracting investments, level of exports and foreign exchange, linkages with the domestic economy, apart from political stability, strategic location, quality infrastructure and marketing advantages. Janaki Krishnamoorthi explores the success factors of FTZs in the UAE and what should India do catch up momentum.
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Some of the rules and guidelines have to be reframed
I cannot say much on this as of now, as certain issues have yet to be streamlined. Today, FTZs/FTWZs are functioning under the SEZ Act and rules. However, we realise that the activities of FTWZs are of different nature and their requirements are also different. Hence, some of the rules and guidelines have to be reframed. The process is on.
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Why a nice cooperative system isn’t working
Over the last three decades the industrial sector in India has reportedly quadrupled in size, no doubt providing several benefits. With World Water Day on 22 March, Janaki Krishnamoorthi explores why government efforts at creating cooperative wastewater treatment plants have failed, and explains why industries’ contribution in conservation will augment business opportunities.
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Local self-government vital in maintenance
NABARD’s RIDF has disbursed Rs 1 lakh crore towards rural infrasÂtrucÂture including roads, but as CK Gopalakrishna, the bank’s Chief GeneÂral ManÂager & Chief Vigilance Officer, tells Janaki Krishnamoorthi, underperÂforÂmance of the assets is a worry.Government of India anÂnouÂnced in 1995-96 the scheme for setting up a fund to be operationalised by NABARD.
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