Polaris Parks was launched on the 16th January, 2008 at 6th Of October City by the Turkish President Abdullah Gul in the presence of Egyptian’s Minister of Trade & Industry, H.E Rashid Mohamed Rashid.

It is the first initiative of its kind in Egypt, both as a “Private “ industrial park and as a “large scale” joint collaboration between Turkey & Egypt to enhance the competitive edge of both countries enabling them to penetrate world markets.

Polaris Parks is also announced as Special Investment Zone (Prime Ministers Decree) especially to attract investors, for the manufacturing industry, with a primary focus on Textiles and Garments. Furniture, Light Metal Processing, Automotive, Glass, Food Processing and Service sectors are some other areas of possible investments.

Egypt with 72 million populations, 20 million living in Cairo, is a strong location with its stable economic environment for the investors.

The Industrial Park will be located in 6'th October City-El Giza which is 30 km. away from Cairo, 145 km. to Suez, 200 km. to Alexandria and 232 km. to Port Said. The 6'th October City has 6 universities, and 12 faculties and has a local Industrial Park where Mercedes, BMW, Chevrolet did make their setup as factories here.

The competitive manufacturing capability of Egypt in comparison to Turkey as well as Egypt's special access to the US market through QIZ agreement with US are clear areas of strengths for Egypt that attract Turkish investors. Not only the cost factor in production, also Egypt's relations with EU and being a leader country in Arab and African world make the country also attractive for the investors.