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The new city, RAZMIC (Ras Al Zour Mineral Industrial City), is planned to exploit the mineral deposites of phosphate and bauxite found within Saudi Arabia. [2] Therefore, a di-ammonium phosphate (DAP) plant will be built, an aluminium smelter, an aluminium rolling mill, an ammonia plant, an alumina refinery and facilities to produce phosphoric and sulphuric acid.
The mission of the RCJY is to: "Plan, promote, develop and manage Petrochemicals and Energy intensive industrial cities through successful customer focus and partnerships with investors, employees, communities and other stakeholders." These industrial cities are Jubail, Yanbu, Ras Al-Khair and the newest project Jazan. [3]
The King Salman Global Maritime Industries Complex is a shipyard in Ras Al-Khair, Saudi Arabia that is under construction and planned to open in late 2018. Upon completion, it will be the largest shipyard in the world. [ 1 ]
The Ras Al-Khair Power and Desalination Plant is a power and desalination plant located in Ras Al-Khair on the eastern coast of Saudi Arabia. It is operated by the Saline Water Conversion Corporation of Saudi Arabia. The plant began operating in April 2014 and, as of January 2017, is the world's largest hybrid water desalination plant.
Ras Al Khaimah Investment Authority (RAKIA) is a United Arab Emirates investment authority in the Emirate of Ras Al Khaimah. It issues licenses to operate within RAKIA owned special economic zones , provides business facilities and warehouses and provides investment funding.
Ras Al-Khair: 780,000: Ma’aden Aluminium Company (MAC) Jun 26, 2019 : Alcoa has 25.1% interest in Ma’aden Aluminium Company (MAC), which owns and operates the Aluminium smelter and in Ma’aden Bauxite and Alumina Company (MBAC), which owns and operates the bauxite mine in Al Ba’itha and the alumina refinery both in Ras Al Khair ...
Kirby Building Systems is a manufacturing company specialising in pre-engineered buildings. It was established in 1976 and is a wholly owned subsidiary of Alghanim Industries . [ 1 ] Kirby has manufacturing facilities in Kuwait , Ras Al Khaimah , Hyderabad , Haridwar and Vietnam with a production capacity of over 400,000 MT per year. [ 2 ]
Khor Khwair is also home to RAK Gas, which operates a processing plant in the zone, comprising two gas treatment trains. These treat raw gas sourced from the Bukha and West Bukha fields located in Oman, as well as gas from the Umm al Quwain field, the Dolphin project and Ras Al Khaimah's own Saleh field, which is, however, nearing the end of its economic life.