Korosten Industrial Park (KIP) is an industrial zone within the city. Total area � 246 hectares (0.94 sq mi). Conceptual design of the park was developed by Czech design bureau DHV. The project envisages the creation of the territory of the KIP high-tech enterprises, enterprises of light and medium industrial production - the assembly, integration, surface processing, light engineering and electrical industries.
The project is designed for 10 years and is divided into three phases:
� Conduct communications: roads, railway, electricity, water supply, sanitation; construction and commissioning of the plant manufacturing medium-density fibre board (MDF) boards;
� Construction and commissioning of small and medium industrial enterprises (perspective)
� Construction and development of logistic center (perspective)
By October 2010 all communications are already conducted. Construction of a plant manufacturing MDF boards is almost complete. This plant will become the first manufacturer of MDF boards in Ukraine