Polaris Parks acquires 1.1 million square meter land in Sadat City for industrial expansion
Polaris Parks for Industrial Development announced the acquisition of a 1.1 million square meter land plot in Sadat City to extend its industrial park operations. The expansion targets $1 billion in direct investments and 15,000 direct and indirect jobs. The new site is located 2.5 kilometers from the company’s existing 1.4 million square meter park, which currently hosts 100 factories.
Announcement Specifics
The newly acquired land will support phased development, with full completion targeted for January 2028. The project aims to deliver a fully integrated industrial environment as a natural extension of Polaris Parks’ current operations in Sadat City. The expansion is designed to accommodate manufacturing facilities with comprehensive infrastructure and support services.
Stakeholder Perspective
“a new chapter in the company’s growth journey”
— Osman Evren Arikan, Managing Director at Polaris Parks
Arikan added that “Polaris Parks focuses on developing integrated industrial communities that support long-term investment and generate real economic value, rather than simply providing serviced land.”
Why it matters: This statement signals Polaris Parks’ strategic pivot toward creating sustainable industrial ecosystems beyond traditional land development, positioning the company as a comprehensive industrial solutions provider.
“the new acquisition directly addresses growing demand from industrial investors for well-planned developments built on clear standards”
— Basil Shaira, General Manager at Polaris Parks
Shaira noted that “such projects enhance investment readiness, improve operational efficiency, and support manufacturers’ sustainable growth strategies.”
Why it matters: This perspective highlights the company’s responsiveness to market demands in Egypt’s increasingly competitive industrial real estate sector.
Industry Context
Since 2007, Polaris Parks has established itself as a pioneer in private industrial park development across Egypt. The company operates across four regions with a total footprint exceeding 10 million square meters, hosting more than 600 factories and 450 SME units. These developments have attracted $3.5 billion in investments and generated 85,000 jobs.
The expansion aligns with Egypt’s national economic strategy to boost the industrial sector’s contribution to GDP by 2030 through enhanced manufacturing activity and improved local production competitiveness. Sadat City continues to strengthen its position as a strategic industrial hub, attracting both domestic and international investors through its integrated infrastructure offerings.
Conclusion
With completion scheduled for January 2028, this expansion is expected to amplify economic growth, accelerate job creation, and support Egypt’s broader industrial localization objectives across the manufacturing sector.
Sources: Zawya, Daily News Egypt, Polaris Parks
