Definition, Meaning & Synonyms
industrial-park
Noun
/ɪnˈdʌstriəl pɑrk/
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Definition
A designated area within a city or region that is planned and developed specifically for the establishment of businesses, factories, and industries.
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Examples
- The new industrial park has attracted several tech companies looking for affordable spaces.
- Local government is considering plans to expand the industrial park to boost the economy.
- Many jobs were created in the industrial park after its completion.
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Meaning
An industrial park typically includes various facilities that support heavy or light manufacturing, warehousing, research and development, and logistics.
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Synonyms
- business park
- manufacturing zone
- enterprise zone