Luanda: The Dubai Investments Park (DIP) Angola, the first fully integrated economic zone in the municipality of Barra do Dande, Bengo Province, is poised to offer unique urban living experiences and enhance the value of its development. This initiative aims to solidify its status as a premier destination for private investment in Angola. Omar Al Mesmar, president of Dubai Investments International Angola, confirmed the developments while discussing a significant investment agreement with the Reportage Group. The agreement involves an approximately 500 million US dollar investment to construct two expansive residential complexes beginning in 2026.
According to Angola Press News Agency, Al Mesmar emphasized that this investment signifies robust international confidence in the quality and potential of the industrial park. It aligns with the strategic goal of attracting high-caliber real estate developers who will contribute innovation, sophistication, and sustainable value to the project. He described the Reportage Group's investment as a crucial step toward establishing an integrated and unique community that sets new standards for residential and mixed-use development within the nation.
Andrea Nucera, CEO of Reportage Group, expressed pride in investing in DIP Angola, noting its status as one of Africa's most dynamic emerging markets. This investment underlines DIP Angola's role as a key destination for international developers looking for serviced land, a stable regulatory environment, and direct access to significant industrial and logistics projects. These projects are expected to influence civil construction, generate skilled employment opportunities, and increase the availability of organized housing in Angola.
The Reportage Group, a real estate developer headquartered in the United Arab Emirates, is set to finance the development project by Dubai Investments on a 100-hectare site. DIP Angola mirrors the successful model of Dubai Investments Park in the UAE, which has thrived for over 25 years. Spanning 2,000 hectares, DIP Angola is designed as a self-contained ecosystem that integrates industrial, commercial, residential, and recreational spaces, fostering a vibrant community and driving Angola's economic progress.
