DUBAI: Dubai Investments, a leading investment company in the UAE, has announced its first flagship mixed-use development in Africa – the Dubai Investments Park (DIP) Angola.

The project, spanning 2,000 hectares, is a unique integrated residential, commercial and industrial hub in Angola, with 3 kilometers of coastline and a 2-kilometer sandy beach.

DIP Angola aims to become a tourism and industrial hub, with sustainable development aligned with the Angola Ministry of Environment and the United Nations’ Sustainability Goals. Dubai Investments will develop the infrastructure and lease land to developers and investors, offering a range of amenities such as a golf course, housing options, parks and leisure facilities.

The project is strategically located in Dande Municipality, Bengo Province, just 50 kilometers from the national capital Luanda and 33 kilometers west of the provincial capital, Caxito. It is well-connected by a robust regional transportation network.

Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, said that DIP Angola is a momentous milestone for the Group, as it marks the beginning of a journey towards global expansion. He added that 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.

Dubai Investments and E20 sign MOU for agricultural investment in Angola