This report discusses the importance of an effective governing entity for an industrial park. Industrial parks are often created by governments to stimulate the economy, and the governing entity is responsible for managing and developing the park. The report highlights the benefits of having a governing entity, such as attracting investors and generating corporate tax income. It also addresses the key questions that governing entities face, such as how to balance the interests of different stakeholders and how to ensure the long-term sustainability of the park. The report examines three governance models observed around the world and their characteristics, and provides guidance on how to select the best model for a given industrial park. Overall, the report emphasizes the vital role that a governing entity plays in the success of an industrial park.
