Diversified investment firm Dubai Investments has started construction at DIP Angola – the first integrated economic zone in the country. Located in Dande province and covering an area of 2,000 hectares, the economic zone combines industrial, commercial, residential and recreational spaces to offer a hub for innovation and economic activity.
DIP Angola is expected to accommodate a diverse slate of economic sectors, including manufacturing, logistics, retail, tourism and residential. The economic zone will be developed in multiple phases according to the demands of the market and the requirements of industries within the zone. To attract companies, various incentives have been put in place, including tax breaks, preferential leasing terms and infrastructure access.
“DIP Angola is more than just a development project; it is a strategic initiative aimed at supporting and helping Angola’s economic landscape. By providing advanced infrastructure and a fully integrated environment, Dubai Investments is not only setting new benchmarks for sustainable development in Africa but also creating a strategic hub for various sectors,” stated Khalid Bin Kalban, Vice Chairman and CEO, Dubai Investments.
DIP Angola is strategically located 23km from a seaport, 4km from Angola’s free zone – an industrial center under construction and featuring an export-port – as well as 50 km from the capital city Luanda, thereby providing direct links to key logistics hubs in the country. The development’s design also offers opportunities for various companies, ranging from small to medium to large enterprises.