Abstract In forming a decision on whether to make an investment it is crucial to assess possible factors that may affect the outcome of the decision. In line with this some of the possible considerations to be made may include establishing whether a need exists for the investment. In addition to that it may be wise to consider the decision behind the need to invest. In this report a discussion is presented on the decision to invest in a flight simulator training center in the Emirate of Ras Al Khaimah. The report begins by establishing why a need for investment exists. In addition to that the report highlights potential factors that point to the success of that investment. After careful consideration of the information it was found that such an investment may indeed beneficial and therefore worth undertaking. Introduction The name Ras Al Khaimah (RAK) can be translated to refer to the top of the tent . The emirate is located between the base of the Hajjar Mountains and the azure waters of the Persian Gulf. The region has a diverse landscape that is uncharacteristic of the Gulf region, consisting of desert plains near the Hajjar Mountains, a fertile green belt in the south and a silvery coastline to the west (OBG 9). In recent years there has been a strong push for greater economic development within the emirate. The region has its sight set on becoming a premier investment destination in the region in the near future. The most recent population estimates report that the population of the region is within the range of 240,000 (OBG 9). The government has predicted that by the year 2020 the population will have reached about 750,000. Generally reports in the UAE region indicate that over 80% of the population is in the 15-59 year old age group (OBG 9). The government announced a policy of liberalization in 2005 and held elections in 2006. Though the region does have some oil deposits, it is reported that these are not as sizeable as those in other emirates (OBG 10). Though it is reported the UAE has as much as 8% of global oil reserves, Abu Dhabi has as much a 95% of the portion (See Appendix J). This suggests that RAK has limited amount of these resources as is indicated in the report that states the region holds only 0.4% of the natural oil and gas resources in the UAE region (OBG 10). Discussion on Regional Trends in Support of the Establishment In order to achieve the goal of diversification and economic improvement the government has taken steps to improve the quality of the local workforce. This is mainly through the implementation of new higher education initiatives in the region which is a major government priority (OBG 13). To help in making this plan a reality the government in collaboration with local government has managed to launch a number of new universities in the recent past. An example of this is the launch of the RAK Medical and Health Sciences University and the American University of RAK (OBG 13). The above position with regard to education has been observed to be useful and due to the fact that a positive relationship exists between education and economic growth (Al Abed and Hellyer 255). This is because it has been observed that education and training are major contributors when it comes to increasing productivity and diffusing economic growth. Through education it becomes possible for the citizens to develop necessary skills for growth and modernization (Al Abed and Hellyer 25