About Us

Polaris Parks was officially launched in January, 2008 by the Turkish president, Abdullah Gul, as the first initiative of its kind in Egypt, both as a private industrial park and as a large-scale joint collaboration between Turkey and Egypt, aiming to enhance the competitive edge of both countries in order to enable them to penetrate global markets.

Industrial Parks are areas with necessary infrastructure dedicated to attract different types of investors to start or move them business to be inside the place. 

Industrial Parks aim to ensure that industrial activities are carried out in appropriate places as well as the other activities and services. To be able to attract new business by providing an integrated infrastructure in one location. To set aside industrial uses from urban areas to try to reduce the environmental and social impact of the industrial uses & to provide for localized environmental controls that are specific to the needs of an industrial area.

Why?

Polaris Parks works for the development of the country together with its industry, in order to adopt and compete in the global economy.

How?

Polaris Parks prepare the necessary environment for the industry while aiding investors through difficulties of start-up period and moving into operation phases.

What?

In order to do this Polaris Parks develops unutilized areas into industrial compounds with finest infrastructure networks, offering value added facilities and providing professional management systems.

Company Structure

Memphis Capital Limited

Is A General Investment Company established & based in England, UK & Wales, Engaged in different investment activities and several real estate sectors. The company owns, participates and manages real estate and related projects.

SIAC Holding

An Egyptian private construction company that was established in 1986 and possesses a vast experience in the development and construction business. SIAC has been working on major projects, including industrial construction, top quality finished buildings, electro-mechanical projects as well as petrochemical and power plants.

Mohamed Kassem

Mohamed Kassem is an active member of the business community in Egypt with strong presence in the textile and IT sectors. Kassem has been active in building and cementing economic relationships between Egypt and Turkey.

Polaris International Industrial Parks

Is a Turkish and Egyptian joint collaboration owned by Polaris Dis Yatirimlar A.S. which is chaired by Tunc Ozkan, SIAC Industrial Engineering Co. chaired by Nehad Ragab and as a third partner by Mohamed Kassem.

Polaris Al Zamil Industrial Park

PZIP is an Egyptian – Saudi joint collaboration with Polaris International Industrial Parks and Al Zamil Group. Zamil Group Holding Company is a global investment company based in Saudi Arabia, with diverse range of products and services spanning from air-conditioning manufacturing and architectural glass processing to steel fabrication, paints and heavy process equipment.

Egypt

Officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia by a bridge formed by the Sinai Peninsula. Egypt is a Mediterranean country bordered by the Gaza Strip to the northeast, the Gulf of Aqaba to the east, the Red Sea to the east and south, Sudan to the south, and Libya to the west. Across the Gulf of Aqaba lies Jordan, and across from the Sinai Peninsula lies Saudi Arabia, although Jordan and Saudi Arabia do not share a land border with Egypt. It is the world’s only contiguous Afrasian nation.

Approach

Polaris Parks was officially launched in January, 2008 by the Turkish president, Abdullah Gul, as the first initiative of its kind in Egypt, both as a private industrial park & as a large-scale joint collaboration between Turkey and Egypt, aiming to enhance the competitive edge of both countries in order to enable them to penetrate global markets.