A final decision to establish and finance an industrial park should only be made after completing a thorough, site-specific feasibility analysis with clear, supportive conclusions. A comprehensive feasibility study includes detailed market identification, demand forecasts, appropriately scaled and phased master plans, technical designs, cost-benefit analyses, social and environmental assessments, and institutional mapping with governance system analyses. It also covers both on-site and off-site infrastructure requirements and development plans, financial modeling and structuring, as well as economic impact modeling. These components are essential for making an informed decision to proceed with the industrial park project.