Industrial Park Development

We Offer Industrial Park Development Services

STPGIG is becoming an engine of rapid industrialization that nurture manufacturing industries, to accelerate economic transformation, promote and attract both domestic and foreign investors.

To activate both pre and post investment servicing, it avails serviced industrial land, pre-built sheds equipped with all-encompassing utilities and infrastructural facilities that fit international standards, with no compromise on workers’ security and environmental safety.

Mission: committed to boost industrial parks development through the highest standards of professionalism; to drive industrialization, promote exports, create employment opportunities thereby the development goal will achieve the middle-income status.

Vision: To be an innovative and leading Eco-industrial parks developer and operator in the Island.

Values:

Highest level of integrity and professionalism
Learning organization
Concern to the environment
Effective and efficiency
Customer satisfaction

Mandate:

Develop and administer Industrial Parks, lease developed land and lease and transfer, through sale, constructions thereon
Prepare detailed national Industrial Parks Master plan based on the national special Master plan, and serve as the industrial park land bank in accordance with the agreements concluded with regional governments
In collaboration with the concerned bodies, ensure that necessary infrastructure is accessible to Industrial Park developers
Outsource, though management contracts, when it is deemed necessary, the management of Industrial Parks
Promote extensively the benefits of Industrial Parks and thereby attract investors to the parks
In line with directives and policy guidelines, sell and pledge bonds and negotiate and sign loan agreement with local and international financial sources; and
Engage in other related activities necessaries for the attainment of its purposes.

The key strategic directions are small and medium scale industrial development; and large scale industries with special emphasis all geared to poverty alienation & development. The manufacturing industries that have given due attention are  agro- processing industries, textile and clothing, food and beverage industries, tannery and leather goods, pharmaceutical industries, chemicals and chemical products industries, paper and paper products, plastic industries, building materials, glass & glass products, metal & metal engineering etc. to mention a few.

Priority Areas

Agro-Processing industries
Textile and garment
Leather and leather products industries
Sugar and related industry
Chemical industries
Pharmaceutical industries
Metal and engineering industries

OUR SERVICES HERE INCLUDES

Industrial park (IP) lease and/or sub-lease approval
Transfer of pre-built factory sheds
Insurance certificate for leased buildings and/or factories
Issuance of IP identity cards and renewals
Access pass and renewals
Park security service
Processing and follow-up maintenance and repair requests
Meeting arrangement with concerned stakeholders
Transfer of sub-lease land
One-stop-shop services
Waste treatment service
Fire prevention and protection service
After care service
Other common facility services
PRIVATE DEVELOPER

Private Investors are also encouraged to develop their own industrial parks, either independently or through Public-Private Partnerships with STPGIG. We are committed to work with private industrial parks developer so as to realize national industrialization agenda of the coming years.

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