Dubai Investments has made its entry into the African markets with the announcement of the launch of the Dubai Investments Park (DIP) Angola – its first flagship mixed-use development in the continent.
The 2,000-hectare integrated mixed-use residential, commercial and industrial hub is planned and designed in line with highlighting Dubai Investment’s expertise in crafting successful mixed-use developments. The development will be based on the acclaimed and highly successful Dubai Investments Park model in the UAE.
Strategically located in Dande Municipality in Bengo Province, just 50 kilometers from the national capital Luanda and 33 kilometers west of the provincial capital, Caxito, DIP Angola’s site comprises three kilometers of coastline and a two-kilometer stretch of sandy beach. The company said it “presented a canvas for versatile master planning”.
The area’s topography allows for seamless integration of industrial, commercial, and residential zones, while preserving the natural beauty of the terrain. The development aims to become a tourism and industrial hub, with sustainable development aligned with the Angola Ministry of Environment.
Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments PJSC, commented: “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.”
Dubai Investments will develop the infrastructure and lease land to developers and investors. The envisioned community will feature a myriad of amenities such as communal parks and leisure facilities, and an 18-hole golf course. It will feature extensive regional transportation network to ensure excellent connectivity for both local and international visitors.
The project is in alignment with the Ministry of Environment’s regulations for environmental protection and conservation and adheres to the United Nations’ Sustainability Goals (SDGs). It achieves this through integrated use of renewable energy, smart water management, innovative landscaping, and other future-proofed sustainable initiatives.
Dubai Investments Park (DIP) UAE stands as a testament to innovative urban planning, comprising distinct zones tailored to diverse business needs. It offers a multifaceted environment for businesses, residents, and industries and encompasses distinct zones such as the industrial zone, dedicated to manufacturing and logistics, the commercial zone, fostering corporate growth, the residential zone, providing comfortable living spaces, and the leisure and entertainment zone, catering to recreational needs.
Follow us on
