INDUSTRIAL PARK Meaning and
Definition
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An industrial park refers to a dedicated area or zone that is specifically designed and developed to support various individual industries and their operations. It is a large tract of land that is typically planned and developed by private or public entities with the purpose of attracting and accommodating industrial businesses and manufacturing companies.
Industrial parks are strategically located near transportation hubs, such as ports, airports, and major highways, allowing easy access to transportation networks. They often encompass a range of facilities and amenities, including warehouses, factories, research and development centers, office spaces, and utilities infrastructure like power supplies, water, and sewage systems. These parks are designed to provide a supportive environment and infrastructure that meets the unique needs of industrial businesses.
The key objectives of an industrial park are to promote economic growth, enhance regional development, and attract investment by offering a centralized location and a wide array of shared resources and services. By grouping industries together within a defined area, an industrial park creates synergistic effects, fostering collaboration, sharing of knowledge, and potential cost savings through economies of scale. Moreover, they are often subject to special zoning and regulatory incentives that encourage industrial development and ensure compliance with environmental regulations.
Overall, an industrial park serves as a specialized ecosystem, facilitating the establishment and growth of industrial activities by providing a conducive environment, necessary infrastructure, and numerous benefits for businesses operating within its confines.
Common Misspellings for INDUSTRIAL PARK
- undustrial park
- jndustrial park
- kndustrial park
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- inxustrial park
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- infustrial park
- inrustrial park
- ineustrial park
- indystrial park
- indhstrial park
- indjstrial park
Etymology of INDUSTRIAL PARK
The word "industrial" derives from the Latin word "industrius", which means "diligent" or "hardworking". The term "park" comes from the Old French word "parc", which originally referred to an enclosed area for animals.
The etymology of the phrase "industrial park" can be understood as the combination of these two components. "Industrial" refers to the specific economic and manufacturing activities carried out within the area, while "park" denotes a designated space or area.
Therefore, an "industrial park" can be described as a dedicated and organized area or zone specifically intended for industrial or manufacturing purposes. It typically encompasses a cluster of industrial buildings, factories, warehouses, and other associated facilities, often managed by a single entity or development authority.
Similar spelling words for INDUSTRIAL PARK
- intestinal artery,
- industrialise,
- industrial disease,
- industrial process,
- industrialisation,
- industrialized,
- industrial,
- industrialism,
- industrializes,
- industrial arts,
- industrial bank,
- industrialization,
- industrial plant,
- industrial union,
- industrialist,
- industriously,
- industrialize,
- industrialised,
- industrially,
- intestinal bypass.
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