The Angolan Head of State, João Lourenço, received information on Thursday in Luanda on the construction of the Dubai Investment Park in Angola, an investment being carried out in the Barra do Dande area, Bengo province.
The information was provided by the vice president of Dubai Investimet, Khalid Kalbam, received by the President of the Republic.
At the end of the meeting, Khalid Kalbam told the press that the project, initially with funding of US$1 billion, includes infrastructure for logistical support, manufacturing, residential area, hotels and golf courses, in a first phase.
‘The works are going very well. We believe that this project will be successful, because it will be an emulation of what we have already done in Dubai,’ said Khalid Kalbam.
He commented that the Dubai Investment Park in Angola will be available to investors, in such a way that it will help bring private investment to the country and help the development of the Angolan people and the creation of more jobs and businesses.
‘It i
s a very important project. Therefore, we have already created a company in Angola, which is already operating with a view to attracting more investors so that the business can flourish,’ he stressed.
Dubai Investments is one of the leading investment companies in the United Arab Emirates, founded in 1995.
The firm stands out for its diversified model, operating in sectors such as real estate, industrial, financial, health and education.
Listed on the Dubai Stock Exchange since 2000, it has assets valued at $5.9 billion and employs more than 3,500 people.
The company’s strategy is focused on diversification, with stakes in more than 50 subsidiaries around the world, including real estate projects such as Dubai Investments Park, and leading companies in sectors such as building materials and healthcare.
Dubai Investments is known for promoting sustainable growth and innovation in its business, contributing to the diversification of the UAE’s economy, with a focus on non-oil sectors.
Source: Angola Pres
s News Agency
