Industrial Park Development

We act as an engine of rapid industrialization that nurture manufacturing industries, to accelerate economic transformation, promote and attract both domestic and foreign investors.

To activate both pre and post investment servicing, it avails serviced industrial land, pre-built sheds equipped with all-encompassing utilities and infrastructural facilities that fit international standards, with no compromise on workers’ security and environmental safety.

Mission: committed to boost industrial parks development through the highest standards of professionalism; to drive industrialization, promote exports, create employment opportunities thereby the development goal will achieve the middle-income status.

Vision: To be an innovative and leading Eco-industrial parks developer and operator in the Island.

Values:

Highest level of integrity and professionalism

Learning organization

Concern to the environment

Effective and efficiency

Customer satisfaction

Mandate

Develop and administer Industrial Parks, lease developed land and lease and transfer, through sale, constructions thereon

Prepare detailed national Industrial Parks Master plan based on the national special Master plan, and serve as the industrial park land bank in accordance with the agreements concluded with regional governments

In collaboration with the concerned bodies, ensure that necessary infrastructure is accessible to Industrial Park developers

Outsource, though management contracts, when it is deemed necessary, the management of Industrial Parks

Promote extensively the benefits of Industrial Parks and thereby attract investors to the parks

In line with directives and policy guidelines, sell and pledge bonds and negotiate and sign loan agreement with local and international financial sources; and

Engage in other related activities necessaries for the attainment of its purposes.

The key strategic directions are small and medium scale industrial development; and large scale industries with special emphasis all geared to poverty alienation & development. The manufacturing industries that have given due attention are agro- processing industries, textile and clothing, food and beverage industries, tannery and leather goods, pharmaceutical industries, chemicals and chemical products industries, paper and paper products, plastic industries, building materials, glass & glass products, metal & metal engineering etc. to mention a few.

Priority Areas

Agro-Processing industries

Textile and garment

Leather and leather products industries

Sugar and related industry

Chemical industries

Pharmaceutical industries

Metal and engineering industries

OUR SERVICES HERE INCLUDES

Industrial park (IP) lease and/or sub-lease approval

Transfer of pre-built factory sheds

Insurance certificate for leased buildings and/or factories

Issuance of IP identity cards and renewals

Access pass and renewals

Park security service

Processing and follow-up maintenance and repair requests

Meeting arrangement with concerned stakeholders

Transfer of sub-lease land

One-stop-shop services

Waste treatment service

Fire prevention and protection service

After care service

Other common facility services

Private Developer

Private Investors are also encouraged to develop their own industrial parks, either independently or through Public-Private Partnerships with us. We are committed to work with private industrial parks developer so as to realize national industrialization agenda of the coming years.