Business

DIP Angola Signs First Tenant to Open Manufacturing Unit

Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM), on Wednesday announced that DIP Angola, which is Angola’s first fully integrated economic zone developed by Dubai Investments, has signed its first tenant.

Trice Chemicals IND. LLC will establish a state-of-the-art manufacturing facility within DIP Angola’s industrial and logistics hub. This milestone reinforces DIP Angola’s position as a strategically planned gateway for manufacturing, logistics, and regional trade, and highlights growing investor confidence in Angola’s industrial sector.

Trice Chemicals, a UAE-headquartered manufacturer of hygiene, cleaning, and specialty chemicals, will establish its operations on a 26,000 sq. m. plot in the Northern Cluster of Phase 1. DIP Angola’s 2,000-hectare development in Bengo Province integrates multiple zones to create a self-sufficient hub, including industrial facilities, commercial spaces, residential areas, and recreational amenities, providing ample space for long-term growth and sectoral expansion.

Omar Al Mesmar, Board Director, Dubai Investments International Angola LDA said that signing the first manufacturing tenant marks a key operational milestone for DIP Angola. With Phase 1 infrastructure progressing steadily, the project is ready to provide fully serviced, ready-to-build industrial land for leading manufacturers.

He said that there has been strong interest from a range of investors seeking land within DIP Angola, and several discussions were already in the pipeline.

As a replica of the highly successful Dubai Investments Park model in the UAE, DIP Angola is establishing itself as Angola’s premier industrial gateway — offering world-class connectivity, modern infrastructure, and a strategic environment for manufacturing and regional trade, he said.

The development is expected to catalyse regional manufacturing growth, create employment opportunities, and position Angola as a competitive hub for industrial operations in Southern Africa. Phase 1 establishes core infrastructure, including internal roads, utilities, and connectivity to major transport corridors, enabling companies to set up operations efficiently.

Exciting Step

Prathyush Pradeep, Managing Partner of Trice Chemicals, said that establishing their first manufacturing facility at DIP Angola marked an exciting step in his company’s growth strategy. The project’s infrastructure, strategic location, and forward-looking vision provide the perfect platform to enhance our regional operations and support Angola’s industrial development, he said.

Strategically located 50 km from Luanda, Angola’s capital, DIP Angola offers easy access to national and international markets, including 23 km from the seaport and 4 km from the free zone and upcoming export port, providing direct connectivity to global trade routes. Phase 1 is expected to generate over 3,000 jobs, contributing to workforce development and supporting the country’s industrial growth strategy.

DIP Angola is establishing itself as Angola’s premier industrial gateway, offering excellent connectivity, modern infrastructure, and a strategic environment for manufacturing and regional trade.

Global Business Magazine

Recent Posts

Real Estate Leader Sankey Prasad Launches Sterling Ark formerly Colliers Project LeadersMiddle East to Target GCC’s $3 Trillion Project Opportunities

Dubai, UAE, 24th March 2026 Real estate leader Sankey Prasad has launched Sterling Ark afteracquiring…

6 days ago

Dubai Targets 90% Cashless Transactions by 2026

Dubai has announced another significant step towards becoming one of the world’s leading cashless cities,…

6 days ago

FIA and UN Tourism announce first ever sustainable sports tourism award winners

FIA President Ben Sulayem: We are setting new benchmarks for sustainability while building a future…

7 days ago

Bahrain and Saudi Arabian Grands Prix will not take place in April

FIA Statement It has been confirmed today that, after careful evaluations, due to the ongoing…

7 days ago

ABB FIA Formula E in Madrid hosts a royal visit at inaugural race,welcoming His Majesty King Felipe VI

The race welcomed 30,000 fans over the weekend which saw António Félix da Costa win,…

7 days ago

Melqart Asset Management Eyes Dubai Expansion Amid Hedge Fund Boom

Melqart Asset Management, a London-based hedge fund founded by Michel Massoud, is on the verge…

7 days ago