Blog: Industrial Parks
February 2025
Accelerating Growth of Canada’s Industry: Solutions to US tariffs
Canada’s industry is at a turning point. With the threat of new U.S. tariffs, the country faces a critical decision—remain heavily dependent on American trade or take steps toward economic independence. The solution, expanding Canada’s industrial sector through a nationwide industrial corridor and the development of new industrial parks. These initiatives could attract investment, create jobs, and strengthen supply chains. But how would they work?
January 2025
Kulim Hi-Tech Park
At over 5 thousand hectares, and a global leader in semiconductors, electronics, and precision engineering, Kulim Hi-Tech Park is one of Malaysia’s most advanced industrial zones. It hosts over 50 multinational corporations and 200 small and medium enterprises, driving high-tech manufacturing and international trade. So let’s explore Kulim Industrial Park and see what makes it one of the top industrial hubs in the world.
December 2024
Top Industrial Parks for Logistics
From massive ports that process billions of dollars in cargo to advanced industrial hubs optimizing global supply chains, these parks are essential to international trade. They offer strategic locations, advanced infrastructure, and seamless connections to air, sea, rail, and road transport. These industrial parks handle the movement of goods efficiently, ensuring products reach their destinations on time. Here are the top ten industrial parks recognized for their excellence in logistics.
November 2024
What Makes Industrial Parks Truly Great?
When it comes to business success, location is everything. A strategically chosen location can make a huge difference—boosting growth, streamlining operations, and even turning a struggling company into a thriving one. Businesses worldwide are constantly seeking the best economic options, and in many cases, relocating is the catalyst for revitalization. So, why are industrial parks the best option for so many organizations? Let’s explore.
August 2024
How to Manage Industrial Parks
Industrial parks play a crucial role in fostering business growth and economic development. To effectively manage one, it’s important to focus on creating an environment that supports industries in both their current operations and future growth. Successful management involves more than just maintaining facilities; it requires strategic planning, flexibility, and an understanding of the businesses within the park.
August 2024
What Are Industrial Parks?
With global investment of over 500 billion dollars and spanning more than 15 thousand square kilometers in total area globally, industrial parks have become focal points for economic development and epicenters driving global economic growth. As major corporations and governments increasingly invest in these zones, resulting in job creation and economic growth in local areas, the question arises: What are industrial parks? Why are they important? And what does the future hold for industrial parks in economic development?
July 2024
Largest Industrial Parks
The development of industrial parks has been one of the most crucial economic transformation systems, significantly impacting economies worldwide. As different countries continue to expand their industrial parks, these zones become centers of development, driving growth in various major industrial sectors and benefiting the population. Today, we are going to take an in-depth look at some of the largest industrial parks around the world, exploring their vast infrastructures, the industries they support, and the significant economic impacts they have in their respective countries.
July 2024
How to Benchmark different industries
Benchmarking is essential for any industry to measure performance, identify best practices, and drive improvement. But how do you go about benchmarking different industries effectively? First, identify the key metrics relevant to your industry. These could be financial performance, customer satisfaction, or operational efficiency. Next, collect data from various sources, including competitors, industry reports, and internal records.
June 2024
Five Key Industries Driving Industrial Parks
Industrial parks are designed to optimize economic opportunities and have a significant impact on their regions. They have become hubs of growth and innovation, significantly boosting local economies and fostering new opportunities. Let’s take a closer look at the top five key industries driving progress in industrial parks and understand the crucial role they play in economic development.