industrial park

An industrial park is a designated area where multiple businesses and manufacturing facilities are grouped together to operate. This arrangement allows companies to share infrastructure like roads, utilities, and waste management, often reducing costs and improving efficiency. Industrial parks encourage economic growth by attracting various industries, such as factories, warehouses, and logistics centers, all within a planned space. They are designed to support industrial activity while minimizing the impact on surrounding communities, and typically provide managed services to facilitate business operations and growth.