Cavite industrial park is an area zoned and planned for the purpose of industrial development. It is also known as industrial estate and trading estate. An industrial park can be thought of something as the next level version of a business park.
Industrial parks are mostly located outside of the main residential area of a region. They have been provided with good transportation access and usually close to transport facilities like highways, railroads, airports and ports.
Industrial parks have this idea of setting land aside. This is based on several concepts:
Benefits of the industrial park
Increased employment opportunities
Industrial parks, like Cavite industrial park, create more employment opportunities and increase the mobility of labor. There are opportunities for both skilled and unskilled workers since many of the units are labor intensive.
The Benefit of production cost
This is also known as Economies of Agglomeration. Production costs were reduced because of concentration of industries. The benefits from agglomeration are:
Infrastructures are readily available
Infrastructure facilities such as electricity, water, telecom, and others are readily available in industrial estates.
Availability of support facilities
Aside from basic infrastructure, post offices and banks etc., are located in industrial parks.
Advantages of Industrial Park
Ideal Location of Industrial Parks
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