Egypt’s Administrative Capital for Urban Development (ACUD), the master developer of the New Administrative Capital (NAC), has signed a partnership agreement with Polaris Parks for Industrial Development to develop an integrated industrial complex in the NAC along the Ain Sokhna Road.

The project will cover approximately 1.8 million square metres and is anticipated to draw over US$120 million in direct investments. The development will combine manufacturing facilities with advanced logistics infrastructure and support services, targeting industries such as food processing, engineering, pharmaceuticals, chemicals, and cosmetics. Site preparation works are scheduled to be completed within 18 months, with the project being executed in a single phase. The complex is expected to begin operations about two years after the completion of the site preparation stage. The memorandum of understanding (MoU) for the project was earlier signed in the presence of Abdel Fattah El-Sisi and Recep Tayyip Erdoğan.

Founded in 2007, Polaris Parks develops and manages industrial parks across Egypt, with a portfolio exceeding 10 million square metres. The company has also previously announced the acquisition of a 1.1 million square metre land plot in a strategic location in Sadat City. This expansion project is expected to attract around US$1 billion in direct investments. The acquisition marks a natural expansion of the Polaris Sadat City Industrial Park, which spans around 1.4 million square metres and currently accommodates about 100 factories. Situated roughly 2.5 km from the existing park, the newly acquired plot will enable strong operational connectivity between the two developments. The Sadat City Industrial Park has already drawn substantial local and international investment, and the new expansion will be carried out in phases to maintain high efficiency standards. Full completion is targeted for January 2028, after which the development will provide investors with a modern, fully integrated industrial ecosystem designed for future growth.