DIP Angola Signs First Tenant, Boosting Industrial Growth

Dubai Investments PJSC, a prominent multi-asset investment group listed on the Dubai Financial Market, has announced a landmark development in its ambitious DIP Angola project. On October 1, 2025, the company revealed that DIP Angola, Angola's first fully integrated economic zone, has signed its first tenant, Trice Chemicals IND. LLC. This significant milestone not only highlights the potential of DIP Angola as a strategic hub for manufacturing and regional trade but also underscores the growing investor confidence in Angola's burgeoning industrial sector.

Trice Chemicals, a UAE-headquartered manufacturer specializing in hygiene, cleaning, and specialty chemicals, will establish a state-of-the-art manufacturing facility on a 26,000 sqm plot within the Northern Cluster of Phase 1. This move is part of DIP Angola's larger 2,000-hectare development in Bengo Province, which aims to create a self-sufficient hub integrating industrial facilities, commercial spaces, residential areas, and recreational amenities.

Omar Al Mesmar, Board Director of Dubai Investments International Angola LDA, emphasized the significance of this development, stating, '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.'

The strategic location of DIP Angola, just 50 km from Luanda, Angola's capital, and its proximity to major transport corridors, including a seaport and an upcoming export port, provides unparalleled connectivity to national and international markets. This makes it an attractive destination for manufacturers aiming to tap into global trade routes.

The development is expected to catalyze regional manufacturing growth, create over 3,000 jobs, and position Angola as a competitive hub for industrial operations in Southern Africa. With core infrastructure such as internal roads and utilities already in place, companies can efficiently set up operations, further enhancing the region's industrial landscape.

Prathyush Pradeep, Managing Partner of Trice Chemicals IND. LLC, expressed enthusiasm about the venture, stating, 'Establishing our first manufacturing facility at DIP Angola marks an exciting step in Trice Chemicals' growth strategy. The project's infrastructure, strategic location, and forward-looking vision provide the perfect platform to enhance our regional operations.'

Given these developments, the future looks promising for Dubai Investments and its stakeholders. The strategic expansion into Angola not only diversifies the company's investment portfolio but also aligns with its growth strategy in high-potential markets. Investors may consider a 'buy' stance on Dubai Investments, given the company's proactive approach to tapping into emerging markets and its successful replication of the Dubai Investments Park model in new regions.