Chinese Firm Wins DIP Angola Infrastructure Deal
25 April 2024China Harbour Engineering Company (CHEC) has been appointed as the main contractor to carry out the phase 1a infrastructure works for Dubai Investments Park (DIP) Angola.
DIP Angola is planned to be a 2,000-hectare integrated residential, commercial and industrial hub, located 50km north of the capital Luanda, in Dande municipality, Bengo province. It is being developed by UAE-based Dubai Investments.
The phase 1a infrastructure works include roadworks, storm drainage, water systems and electrical systems. The contract with CHEC was signed in late March and has a duration of 10 months.
“[The] phase 1a infrastructure works represents a crucial foundation for the overall success and sustainability of DIP Angola and lays down the framework for attracting further investment, businesses and industries to the region,” said Omar Al Mesmar, general manager, Dubai Investments Park.
The DIP Angola project site includes 3km of coastline and will be developed as two distinct zones: the northern industrial area (occupying more than half of the site) and the southern residential and mixed-use area.
The masterplan provides for 70,000 residential units including villas and apartments, accommodating 200,000 residents. Proposed recreational spaces include communal parks, cycle lanes and an 18-hole, 100-hectare golf course. There will also be a shopping mall and hospitals.
DIP Angola masterplanSource: Dubai Investments
DIP Angola, a wholly owned subsidiary of Dubai Investments, will develop the infrastructure and lease land to developers and investors to create the mixed-use development.
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