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Presented at the 5th Meeting of the Working Group on Investment Zones in Iraq, MENA-OECD Investment Programme. 28 April 2013, Cairo, Egypt
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PPP in Development of PPP in Development of Industrial ParksIndustrial Parks
Elif GürpınarElif Gürpınar2828thth AprilApril 201 20133 - Cairo - Cairo
Polaris International Industrial ParksThe Project
Polaris International Industrial Parks is the first initiative of its kind in Egypt ,
both as a “Private “ industrial park and as a “large scale” joint collaboration between Turkey and Egypt, aiming to
enhance the competitive edges of both countries in order to enable them
penetrating global markets.
Polaris Parks works for the development of the country together with its industry, in order to adopt
and compete in the global economy.
Polaris Parks does it by preparing the necessary environment for the industry while aiding investors in their struggles during the
start-up and operation phases.
In order to do this Polaris Parks develops unutilized areas into industrial compounds with finest
infrastructure networks, offering value added facilities and providing professional management systems.
What ?
How ?
Why ?
Polaris International Industrial ParksWho are We?
Polaris International Industrial ParksThe Project
The project was launched in January 2008 byThe project was launched in January 2008 by
President of Turkey, H.E. Abdullah GulPresident of Turkey, H.E. Abdullah Gul..
Polaris International Industrial ParksFacts and Figures
Project Area 2.000.000 m²
Project Investment $ 80.000.000
Manufacturing Facilities 30 facilities
Investment of Facilities $ 1.5 billion
Annual Trade Volume $ 3.4 billion
Employment 21.000 jobs
• Infrastructure Management• Administrative Office Spaces• Cafe&Restaurant• Building Services• Housing
Polaris International Industrial ParksFacilities and Services
Polaris International Industrial ParksFacilities and Services
• Medical Center
• Fire Fighting Station
• Security Services
• One-Stop-Shop
• Standard Factory Buildings
Polaris International Industrial ParksStandard Factory Buildings
Buildings designed for manufacturing&warehousing with infrastructure and ready facilities
Closed areas of 1500 square meters and above
Polaris International Industrial ParksEnvironment Consciousness
Polaris Al Zamil Industrial ParkProject Brief
Project Area 1.100.000 m²
Project Investment $ 52.000.000
Manufacturing Facilities 85 facilities
Investment of Facilities $ 1 billion
Annual Trade Volume $ 1.8 billion
Employment 14.000 jobs
Polaris ParksInvestors
Competitive advantages of Egypt.
– Population
– Local Market
– Low production costs
– Access to major markets
Why EGYPT?
Public Private PartnershipIndispensable Cooperation
Core of industrial land development is the investors.
Investor
Public Sector
Developer
Private developers such as Polaris, prepares the necessary grounds for their manufacturing
or expansion plans.
Both the developer and the investor are private sector entities. They require the
support of the public sector in order to brace the structure
Private Sector RolePublic Sector Role
Creating structure for establishment required business environmentII
Providing the model for sustainable development, warrant investmentsIIII
Monitoring development in macro level and interfering if necessary
IIIIII
Ability to adopt the legal and administrative framework
IVIV
Possesses the necessary technical and practical know-how for the task1
Able to provide new source of investment capital for infrastructure requirements
2
Competent to adopt rapidly changing circumstances3
Features higher quality through international expertise and business focus
4
Public Private PartnershipIndispensable Cooperation
• Industrial Development AuthorityIDA is the supervisory body monitoring the establishment of private industrial parks
• General Authority for Free Zones & InvestmentGAFI acts as the principal regulatory authority for investments and the prime investment promotion agency for Egypt.
The PartnersPublic Private Partnership
Thank You