Dubai Investments Park (DIP) has entered the African market with a 2,000-hectare mixed-use development in Angola
The development is expected to be an integrated residential, commercial and industrial hub. The project is located in Dande Municipality, Bengo Province, 50 kilometres from the national capital Luanda and 33 kilometres west of the provincial capital, Caxito. A robust regional transportation network ensures connectivity for both local and international visitors.
DIP Angola's project site comprises of 3 kilometres of coastline and a 2-kilometre stretch of sandy beach. The area's topography will be useful for integrating industrial, commercial, and residential zones, while preserving the natural beauty. The development aims to become a tourism and industrial hub, with sustainable development aligned with the Angola Ministry of Environment (MINAMB).
Dubai Investments will develop the infrastructure and lease land to developers and investors in creating a cohesive mixed-use development as the group progresses with the establishment of DIP Angola. The blueprint encompasses an 18-hole golf course and various housing choices, all strategically positioned near retail and industrial hubs.
Khalid Bin Kalban, vice chairman and CEO of Dubai Investments PJSC, said, “Dubai Investments Park Angola stands as a momentous milestone, representing the Group's premier endeavour at such a grand scale, signifying the beginning of a journey towards global expansion. This strategic step reaffirms the group's unwavering belief in Africa's promising economic terrain, aiming to catalyse sustainable growth and progress across the continent.
It underscores Dubai Investments’ steadfast dedication to utilising its expertise in crafting prosperous mixed-use developments. DIP Angola presents a prime prospect for investors seeking diversification and business expansion within a burgeoning economy that holds immense potential for large-scale industries, providing direct pathways to extensive markets across the broader African landscape.”
