Enterprise site selection "new" 90% is the right choice of parks
2022-09-08 09:12

Business operations depend on "the right timing, the right location, and the right people," and the key to getting off to a strong start lies in "the right location."

In the past, “geographical advantage” essentially meant finding a location with “sufficient space and convenient transportation” for production.

However, with economic development and changes in the external environment, the choice of "geographical advantage" today means "selecting an industrial park."

Undoubtedly, establishing a business within an industrial park aligns more closely with current trends. Site selection is no longer merely a matter of geographical choice; it involves assessing the compatibility of products and industries, as well as the supply chain between upstream and downstream sectors—factors that are critical to a company’s development and operations.

Therefore, site selection is a key factor in productivity; finding a high-quality industrial park is the first step in your business operations.

Seek or Leverage

The site selection process involves uncertainties, uncontrollable factors, and lengthy follow-up cycles. For enterprises, this impacts decision-making efficiency and strategic planning.

Enterprise site selection

It must be said that how a company can quickly and accurately find a location suitable for its own development is of paramount importance...

To help businesses find the right place to “thrive,” the Investment Promotion Network builds a communication bridge between companies and investment promoters, directly connecting the two parties.

This year, the Investment Promotion Network’s corporate platform serves as an online site selection platform that rapidly covers regions of interest to investors. It brings together over 1,700 government-managed industrial parks and more than 8,000 certified investment promotion specialists nationwide, enabling direct contact between businesses and park representatives to minimize site selection costs.

Enterprise site selection

To better serve enterprises and meet their site selection needs, the Enterprise Portal of Investment Promotion Network provides professional site selection consultants who offer one-on-one consulting services. More importantly, it offers free, precise recommendations for industrial parks that match the enterprise’s requirements.

A Model or a Tool

Corporate site selection—seemingly ordinary yet extraordinarily complex; the outcome appears effortless, yet the process is arduous.

Traditional site selection looks like this

Blind and directionless; data is outdated

High costs and significant time investment

High decision-making risk, lack of experience

Difficulty coordinating with industrial parks; challenges in site visits

In contrast, the corporate portal of the Investment Promotion Network offers the following:

A vast selection of industrial park resources at your fingertips

24/7 targeted park recommendations

Eliminate middlemen for a convenient and efficient process

Efficient and Time-Saving Connections with Investment Promoters

Enterprise site selection

Enterprise site selection

Over the past year, the Investment Promotion Network Enterprise Portal has assisted over 3,100 companies in finding suitable locations, successfully connecting them with parks that meet their specific requirements. While saving businesses significant time and operational costs, it has established a direct communication channel between companies and investment promoters, providing more professional and reliable support for park selection. This has enabled precise and efficient site selection services.

Go It Alone or Hire a Professional

Companies fear making blind choices when selecting a location, as they must consider future business development. If they proceed blindly, almost any location might meet their requirements, but this approach may not necessarily be suitable for the company’s growth.

Therefore, site selection that is disconnected from business development is bound to be problematic. When selecting a location, companies must not only consider the physical infrastructure of the site itself but also thoroughly understand the regional factors.

Site selection must align with a company’s inherent strengths and accumulated resources; clinging to outdated methods will backfire. Each region has distinct plans for industrial development, and certain industries are more likely to gain a competitive edge when developed in specific locations. Companies should select industrial zones with distinct regional characteristics based on their own industry and strategy.

The core function of the Investment Promotion Network Enterprise Portal is to bridge the “last mile” of information connectivity, connecting businesses directly with park investment promotion representatives. Upon entering the Investment Promotion Network Enterprise Portal mini-program, users can fill in their preferred location, specific requirements, and click “Request Site Selection” on the homepage to submit their request. Within five minutes, a professional representative will contact you directly and provide precise recommendations for five suitable parks on the same day.

Enterprise site selection

Source: Investment Promotion Network
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