1. THE CONCEPT – INDUSTRIAL PROPERTY1.1. In industrial development activity, the expression "industrial zone" is often used, which is alternatively known as a designated area - industrial district, park, special economic zone. The attractiveness and competitiveness of industrial zones depends greatly on the geographical area having highly developed infrastructure and therefore a favorable environment is created to attract any activity of an industrial nature, from small and medium scale to large enterprises.1.2. The World Bank defines industrial areas as: specific areas designated for industrial activity where infrastructure such as roads, electricity and other utilities are provided to facilitate the growth of industries. Industrial zones should include at least two of the common characteristics, namely a geographically delimited area, which can be physically protected; provision of high-quality infrastructure; sole management or administration; and separate customs zone and simplified procedures .1.3. The main priority of the industrial zone is to attract high value-added industries, where it would create interest for potential investors to invest by establishing their new or expansion project and diversification into manufacturing operations and other related activities. Furthermore, several economists and scholars believe that the industrial area can positively influence the socioeconomic development and industrialization of the region.1.4. A prominent economist, Michael E. Porter, found that location characteristics play an important role in the success of a region's industries. Implementing a targeted industrial cluster approach could help companies gain a competitive advantage by promoting…… middle of paper……real estate in the major cities of Ho Chi Min City and Suzhou as a new business model.3.9 . In short, both countries have achieved the most impressive economic growth records and significant progress in technological capabilities in the Asian region. Examples of both national cases will be discussed in the next chapter.4. EXAMPLES OF CLUSTER-BASED INDUSTRIAL BUSINESSES IN MALAYSIA AND OTHER COUNTRIES (SINGAPORE AND TAIWAN)4.1. In Malaysia, industrial zones are spread across 13 states and the federal territory, Kuala Lumpur. Home to small to medium industrial businesses, large and heavy industry, as well as specialized industries from the halal industry related to food processing, biotechnology and high-tech industry.4.2. The map below shows the location of industrial zones operated by state-owned enterprises and private entities across Malaysia.