Polaris Industrial Parks is the first private industrial development company to be established in Egypt. It was inaugurated in 2007, with an area of 200 hectares. The Polaris Management Company (PMC) was established to provide facility management services to ensure optimum quality for its clients. The factory buildings are equipped with necessary infrastructure and ready utilities such as electricity, water, gas and sewage. Polaris IP houses around 40 small, medium and large reputable local and multinational companies, Key industrial sector(s) currently present in Polaris IP are Chemicals and paints, Pharmaceutical, Paper, Plastic, Automotive, Food processing, Household appliances industry, Metal industry, Steel structure, Packaging materials production.
Polaris IP is committed to marketing the park and park concepts (EIP concept) to potential national and international investors. This was done while attending SIA conferences, GEIPP Egypt forum, national and international conferences and printing marketing materials to to market the EIP concepts.
Industrial Symbiosis Implementation Composting of organic waste from food & beverage (Planned)
Leveraging 60,000 tons per year of organic waste from Edita Company—including bakery rejects, cheese, and chocolate waste— to produce high-quality compost through aerobic digestion technology.
Benefits:
Improving the Monitoring and management systemIn 2022, Polaris Industrial Park focused on monitoring economic indicators, job creation, and technical performance for internal management. However, environmental and critical risks, including climate change impacts, were not yet part of the monitoring framework.
By 2024, Polaris IP took a significant leap forward in sustainability by enhancing its monitoring and management system. A structured plan was introduced to track critical risks every six months, ensuring a proactive approach to potential challenges. With support from GEIPP Egypt, a comprehensive strategy was developed to assess and mitigate climate change risks while addressing past environmental challenges. This plan outlined key measures for climate adaptation and mitigation, culminating in a well-defined action plan for resilience.
Looking ahead, Polaris aims to establish an Environmental Management Unit dedicated to ensuring industrial compliance with national laws, regulations, and Eco-Industrial Park (EIP) benchmarks. This initiative underscores the park’s commitment to environmental responsibility and long-term sustainability.
Polaris Industrial Park has been assessed against the International Framework for Eco-Industrial Parks using the EIP Assessment Tool developed by UNIDO. This tool was used to update collected information and identify and prioritize EIP initiatives and interventions to enhance the park’s performance.
In 2020, the assessment found that Polaris Industrial Park complied with 45% of the International EIP Framework, with a potential improvement opportunity of 47%, aiming to reach 92% compliance.
By 2024, the final assessment revealed that Polaris Industrial Park had achieved 70% compliance with the EIP Framework. The GEIPP project played a key role in supporting the implementation of prioritized opportunities, leading to significant improvements in the park’s overall performance.
Polaris IP improved the social management system by creating a data management and documentation system for the grievances received by the park management.
Social infrastructure
With the support of GEIPP Egypt, a strategy to attract female workforce and skilled persons was developed at Polaris IP. The strategy tackled the following issues: