Multi-asset investment group Dubai Investment Park Development Company is advancing its plans to establish an industrial park in Angola. First announced in January 2024, construction for the first phase is already underway.
In an interview with Energy Capital & Power, the company’s General Manager Omar Al Mesmar revealed that the firm awarded the contract for phase one in July 2024, kicking off construction. The first phase spans 400,000 m² and focuses on key infrastructure, including electricity, telecommunications, water systems and street lighting.
“Because of the support we receive from the Angolan government, the project is progressing at an accelerated pace,” stated Mesmar. “We received many proposals from different countries but we chose Angola to have our first overseas industrial park.”
Once complete, the park will cover 2,000 hectares and include industrial zones, residential and commercial areas, with hotels, schools, homes, apartments and hypermarkets.
“This is not an ordinary project; it is unique as it integrates all sectors under a single project. The idea is to replicate the successful concept we adopted in the UAE which now hosts 4,500 companies and over 170,000 people,” added Mesmar.
Mesmar said the firm is merging innovation with sustainability, with a sewerage treatment facility being designed to produce recycled water for irrigation and building cooling, reducing operational costs and environmental impact.
