Industry parks: Speeding up growth
We all seem to agree that Finland needs to get back on the growth track. After a discussion with Tommi Knaapinen, who is leading industry parks collaboration in the South-West Finland, we are convinced that industry parks have an important role to play in speeding up growth. Besides attracting investments and creating new jobs, they are a powerful tool in ensuring efficient land use, resilience and sustainable development.
Industry parks make cities and municipalities attractive for existing and new businesses. They can help revitalize local economies and create positive impact. Aurora Infrastructure is keen to partner with public stakeholders. We believe that we have a role to play in keeping the Finnish industry parks in front of the pack in the race for global investments in industrial transformation.
Industrial land-use strategy and shared infrastructure
Industry parks are emerging as engines of industrial transformation that can support growth and benefit both public and private actors. There are however, three key requirements that need to be met.
- Firstly, pre-permitted industrial areas remove uncertainty and enable faster decision making for the potential investor.
- Secondly, shared infrastructure like electricity grid, connectivity, water supply, and good logistics connections are essential to accelerate development and improve investor confidence.
- Thirdly, the development needs to be sustainable from social and environmental points of view.
Aurora Infrastructure’s expertise is especially helpful when building or extending electricity grid needed by both existing and new industries. We can significantly reduce up-front risk related to individual projects and speed up execution by ensuring that the grid connectivity and flexibility solutions like batteries are in place upfront and meet the requirements of the international investors.
Balancing growth, resilience and sustainability
Industry parks benefit from the shared infrastructure. Having multiple industrial players in the same location often drives productivity and mutual efficiencies and can for example serve as a catalyst for circular economy and new business models. Concentrating industry in one location minimizes indistrial footprint and maximizes efficient land-use as supporting infrastructure is built for several users at the same time. Shared infrastructure also supports resilience. Furthermore, industry parks enable responsible industrial development, and help minimize potential harm for the environment.
Accelerating public private partnerships
Aurora Infrastructure has potentially an important role to play in reducing up-front risk for both public and private stakeholders. We can support building sustainable long-term land-use and infrastructure strategy together with public and private partners. From the early-stage project development onwards, our involvement and strategic advisory support development of new business models and attractive financing structures.
We combine financing with the ability to innovate the best possible solutions and then convert them into plans and actions that meet both public and private requirements. By working with us all partners can be sure that electricity grid is built in time, efficiently operated and continuously evolving.
Got interested? If yes, let’s talk!