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Polaris Parks for Industrial Development, a leading developer of industrial parks in Egypt, has announced the acquisition of a new 1.1 million square meter land plot in a strategic location in Sadat City, marking a major step in the company’s long-term expansion strategy.

The new development is expected to attract direct investments of approximately USD 1 billion and generate nearly 15,000 direct and indirect job opportunities, reinforcing Polaris Parks’ commitment to empowering Egypt’s industrial sector and strengthening Sadat City’s position as an integrated industrial hub.

This acquisition represents a natural extension of the company’s successful Sadat Industrial Park, developed across 1.4 million square meters and currently hosting around 100 operational factories. The newly acquired land is located just 2.5 kilometers from the existing complex, enabling strong operational integration between both projects.

The current Sadat Park has already drawn significant local and international investments, contributing to the city’s growing industrial prominence. Polaris Parks plans to capitalize on this momentum by developing the expansion in phased stages, in line with international efficiency standards, with full project completion targeted for January 2028.

Commenting on the milestone, Osman Afren Arikan, Managing Director of Polaris Parks, said:
“This acquisition marks a new chapter in our expansion journey built on the concept of integrated industrial communities designed to support long-term investment and create real economic value—not merely provide industrial land.”

He added that Polaris Parks aims to position itself as a trusted partner for investors by offering comprehensive development solutions based on strategic planning and efficient execution, paving the way for sustainable industrial growth and future diversification, including real estate development.

Meanwhile, Eng. Basel Shaeira, General Manager of Polaris Parks, emphasized that the success of Sadat Industrial Park reflects the company’s philosophy of delivering ready-to-operate industrial communities supported by strong infrastructure and integrated services.

With nearly two decades of experience, Polaris Parks has developed a diversified industrial portfolio across four major locations in Egypt, covering more than 10 million square meters, housing over 600 factories and 450 SME units.

Collectively, the company’s projects have attracted investments exceeding USD 3.5 billion and created more than 85,000 direct and indirect jobs, aligning with Egypt’s national strategy to deepen local manufacturing and enhance industrial competitiveness through 2030.