industrial estate


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industrial estate

a purpose-built site designated for industrial and commercial use which is separate from residential accommodation, often located on the outskirts of major urban conurbations close to motorways and other transportation systems. In the main, industrial estates offer low-cost work space for light manufacturing industries and warehouse distribution facilities. A large proportion of the investment in infrastructure and buildings is provided by local authorities. See INDUSTRIAL LOCATION.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

industrial estate

a formally planned area designated for commercial and industrial use, separate from residential accommodation. Industrial estates initially offered low-cost work space for light and medium-sized engineering companies and warehouse distribution facilities. Such estates may be financed privately or by government. In the UK, current attempts to attract high-technology firms into one convenient area, often referred to as science parks, situated close to university facilities, follow a similar theme.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
'This portion will not only facilitate small traders but will also promote new SMEs in the industrial estate.'
It would have to take necessary steps with accelerated speed for the colonization of small industrial estates because industrial units should be set up on the land acquired for the purpose of trade and economic activities.
They said that the industrial estate had been established during the Mutahidda Majlis-i-Amal government for the development of the local industry.
'We hope that the industrial estate can directly afford the welfare of the community,' he said.
Speaking on the occasion, the minister said that his department would ensure its all out support to the Sundar Industrial Estate. The government would pay more attention to the development of industries in the province in the coming years.
Talking to journalists, after visiting Multan, Vehari and Bahawalpur industrial estates, he said that all efforts are being made in order to provide maximum jobs for people of this area.
He said that projects of FIEDMC Expo Centre, factory outlet village, furniture city, weaving city, one-window service centre, combined treatment plants are also part of the industrial estate.
Madayn is operating nine industrial estates with a total area exceeding 100 million sq m.
residential project of Raysut Industrial Estate has been completed and
The Finance Minister said that the process of installation of gas pipeline for industrial estate, a project worth Rs.180 Million would be completed by the end of January 2019.
An amount of Rs100m was looted on the name of construction of boundary wall of Rahimyar Khan Industrial Estate, while with an alleged connivance with a private company a loss of Rs1bn given to national exchequer.
ings in Knowledge Oasis Muscat, and facility building in Sumail Industrial Estate. Work is underway to announce a number of investment opportunities in the various industrial estates in 2018, he noted, adding: Although the company will operate on a commercial basis; the economic and social development of the Sultanate will be the policy of PEIE, which represents one of the main govern- ment bodies in the development process.

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