Ver Angola

Politics

PR and vice-president of Dubai Investments hold meeting dominated by the company's projects in Barra do Dande

The President of the Republic, João Lourenço, and the vice-president and CEO of Dubai Investments, Khalid Kalan, held a meeting to discuss the projects that the company has underway in Barra do Dande, in the province of Bengo.

: CIPRA
CIPRA  

According to a note from CIPRA, to which VerAngola had access, Khalid Kalan was received this Thursday by João Lourenço, at the Presidential Palace.

Speaking to the press after the meeting, the vice-president and CEO of Dubai Investments said that he "discussed with President João Lourenço the projects that Dubai Investments is carrying out in Barra do Dande, Bengo province".

"We informed him of the details of this project and the President wished us success", said the official, quoted in the note.

The project in question concerns the construction of the Dubai Investment Park in Angola. According to the official, this initiative initially has financing in the order of one billion dollars and will include, in an initial phase, infrastructures for logistical support, manufacturing, residential area, hotels, as well as golf courses.

On the occasion, the company's vice-president said that the project is on the right track: "The works are progressing very well. We believe that this project will be successful, because it will be an emulation of what we have already done in Dubai", he pointed out.

In statements quoted by Angop, Khalid Kalbam said that the aforementioned Dubai Investment Park in the country will be available to investors, ultimately contributing to attracting private investment to the country, as well as boosting the development of the population and creating more jobs and business opportunities.

The official also said that it is a "very important project", which is why they have already set up a company in Angola.

"It is a very important project. That is why we have already set up a company in Angola, which is already operating with a view to attracting more investors so that the business can flourish", he highlighted.

It is worth remembering that, in January of this year, the company announced that it would develop a residential, commercial and industrial centre, to be installed in Bengo.

Back in April, the company signed a contract for the first phase of construction of this project with China Harbour Engineering Company Ltd (CHEC).

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