As part of the Innovation Summit Chile–Dubai 2025, the Chilean delegation carried out official visits to Ajman Free Zone and the Ras Al Khaimah Economic Zone (RAKEZ) to gain an in-depth understanding of the UAE’s dynamic business environment — particularly its frameworks for company incorporation, licensing, and international business operations.
These visits offered a comprehensive view of how both emirates have positioned themselves as strategic gateways for global investors, SMEs, and startups, providing competitive incentives such as 100% foreign ownership, streamlined setup procedures, and robust infrastructure that supports innovation and expansion into regional and global markets.
🇦🇪 About Ajman Free Zone
Established in 1988, Ajman Free Zone (AFZ) is one of the UAE’s pioneering free trade hubs. Located strategically near major ports and airports, AFZ offers cost-effective business setup solutions for entrepreneurs, SMEs, and international corporations. The zone focuses on flexibility, digitalization, and innovation-driven licensing models, making it an attractive entry point for technology and service-oriented companies seeking fast access to Gulf and Asian markets.
🇦🇪 About Ras Al Khaimah Economic Zone (RAKEZ)
RAKEZ represents one of the most diversified and investor-friendly economic ecosystems in the UAE. Home to over 18,000 companies from 100+ countries, RAKEZ provides customized facilities, modern industrial zones, and comprehensive business support services. The zone is recognized for its competitive costs, strategic access to regional supply chains, and strong support for startups and industrial innovation — ideal conditions for Latin American companies seeking long-term establishment in the UAE.
🇨🇱 Chilean Delegation: Showcasing Innovation and Technology
The Chilean delegation, organized by ProChile, featured 12 leading companies representing Chile’s most dynamic technology and innovation sectors:
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Ancestral Technologies (UltraCropCare®) – Sustainable agricultural technology focused on crop optimization and smart farming.
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ChucaoTech – Developer of environmental monitoring and bio-tech innovation for sustainable ecosystems.
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InsightPlay.ai – AI and data analytics solutions for behavioral insights in sports and entertainment.
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ISOLCORK – Manufacturer of natural cork-based insulation and sustainable building materials.
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LAB ICT – Information and communication technology laboratory offering digital transformation solutions.
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MedibleGo – HealthTech platform improving patient engagement and digital medical services.
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OK to Shop – Ethical retail technology enabling transparent product sourcing and consumer awareness.
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UmmIA – Artificial intelligence company specializing in applied machine learning and automation.
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Symbiosis Biotek – Biotechnology firm focused on sustainable bio-products and life sciences innovation.
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SSINDEX | Stakeholders Sustainability Index – Platform for ESG evaluation and corporate sustainability metrics.
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Valuelist – Business intelligence and data management platform for B2B optimization.
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Work Mining Technology – Advanced mining technology solutions integrating automation and safety innovation.
🤝 Building Bridges for Innovation and Trade
During the meetings, delegates discussed potential collaboration areas in innovation-driven industries, trade facilitation, and the future establishment of Chilean companies and service providers within the UAE market. Both AFZ and RAKEZ expressed strong interest in fostering partnerships that connect Latin American innovation with Gulf market opportunities.
The visits highlighted the UAE’s welcoming business climate and Chile’s ambition to expand its global footprint — reaffirming the shared vision of both nations to promote technology-based growth, bilateral trade, and sustainable development.
🔗 Organized by ProChile as part of the Innovation Summit Chile–Dubai 2025 initiative at Expand North Star.
