Over the past few decades, the creation of industrial parks has been recognized as an efficient way of bringing
together industrial activities with commercial, infrastructure and services.
However, it is now largely understood
that the nature of industrial parks can potentially have both positive and negative impacts. While they contribute
to economic growth, they also have the potential to concentrate negative environmental and social impacts,
including: greenhouse gas (GHG) emissions, pollution, resource depletion, poor labor standards, and attendant
local community grievances.
As developing and emerging economies seek to increase industrial output, there is also a pressing need to
decouple economic growth from environmental and resource inefficiency to meet wider social objectives.
There is a real opportunity now to strategically plan and effectively manage industrial parks to help achieve the
desired economic, social, and environmental targets.
As a result, the concept of Eco-Industrial Parks (EIPs) has increasingly been recognized as an effective tool
to overcoming challenges related to inclusive and sustainable industrial development within the scope of
Sustainable Development Goals (SDGs). CPC as a leading industrial developer decided to adopt and implement the EIPs concept while developing its new park in Sadat City, in full coherence with the goals and tools set by international entities taking the lead in this context, particularly the United Nations Industrial Development Organization (UNIDO).
The most important element of the EIP approach is to create a more sustainable operating environment for firms, these eco-industrial parks would be designed to use resources more efficiently and improve productivity. They would also increase market access to sustainable products, and lower exposure to climate change risks.