Industrial Estates Limited (IEL) was a Crown corporation established by the Government of Nova Scotia in 1957.
IEL stemmed from the Voluntary Planning Act, instituted by Premier Robert Stanfield's government in the same year.
The first president of IEL, Frank Sobey, was paid an honorary salary of $1/year and was instrumental in attracting new companies to the province throughout the 1960s.
Some of these companies included: IEL was at its zenith during the 1960s as it played an important part in modernizing and diversifying the province's economy.
Its influence declined significantly in the 1970s with the increasing role of the federal government in economic development through the Department of Regional Industrial Expansion and its successors.