DIP Angola Welcomes Trice Chemicals As First Tenant For Manufacturing Facility

Dubai Investments, a prominent entity on the Dubai Financial Market, has revealed that DIP Angola, the first fully integrated economic zone in Angola developed by Dubai Investments, has secured its inaugural tenant. Trice Chemicals IND. LLC plans to set up an advanced manufacturing facility within this industrial and logistics hub. This development underscores DIP Angola's strategic role as a gateway for manufacturing and trade, boosting investor confidence in Angola's industrial sector.

The new facility by Trice Chemicals will occupy a 26,000 square metre plot in the Northern Cluster of Phase 1. Trice Chemicals is a UAE-based company specialising in hygiene, cleaning, and specialty chemicals. The establishment of their operations in DIP Angola highlights the zone's appeal to international manufacturers looking for growth opportunities in the region.

DIP Angola is strategically positioned 50 km from Luanda, the capital of Angola. It offers excellent access to both national and international markets. The zone is located just 23 km from the seaport and 4 km from the free zone and upcoming export port, ensuring direct connectivity to global trade routes. This location advantage makes it an attractive destination for businesses aiming to expand their reach.

The development spans 2,000 hectares in Bengo Province and integrates various zones to form a self-sufficient hub. It includes industrial facilities, commercial spaces, residential areas, and recreational amenities. This comprehensive setup provides ample room for long-term growth and sectoral expansion within the region.

Phase 1 of DIP Angola focuses on establishing core infrastructure such as internal roads, utilities, and connectivity to major transport corridors. This infrastructure enables companies to efficiently set up operations within the zone. The phase is expected to create over 3,000 jobs, contributing significantly to workforce development and supporting Angola's industrial growth strategy.

Omar Al Mesmar, Board Director at Dubai Investments International Angola LDA, stated: "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 added that there is strong interest from investors seeking land within DIP Angola.

Investor Confidence and Economic Impact

The signing of Trice Chemicals as a tenant reinforces growing investor confidence in Angola’s industrial sector. As a replica of Dubai Investments Park model in the UAE, DIP Angola aims to establish itself as a premier industrial gateway offering world-class connectivity and modern infrastructure for manufacturing and regional trade.

Prathyush Pradeep, Managing Partner of Trice Chemicals IND. LLC said: "Establishing our first manufacturing facility at DIP Angola marks an exciting step in Trice Chemicals’ growth strategy." He noted that the project's infrastructure and strategic location provide an ideal platform for enhancing regional operations while supporting Angola’s industrial development.

This development is anticipated to boost regional manufacturing growth significantly while creating numerous employment opportunities. It positions Angola as a competitive hub for industrial operations across Southern Africa.

With inputs from WAM