Angola: Industrial Development Poles

Presidential Legislative Decree 2/26, of 10 February 2026, has approved the legal regime for the creation, management, exploitation and functioning of Industrial Development Poles (Polos de Desenvolvimento Industrial). Below is a summary of PLD 2/26:

• An Industrial Development Pole (“IDP”) is an area greater than 1000 hectares equipped with basic infrastructure which is allocated to the installation of industrial or logistic facilities;
• IDPs are created by act of the President of the Republic following proposal from the Ministries of Industry, Public Works and Territorial Administration;
• Each IDP will have a Master Plan;
• Any manufacturing and ancillary activities may be developed in an IDP subject to the respective Master Plan;
• The exploitation and management of an IDP is assigned to the Angolan Institute of Industrial Development and Technological Innovation (Instituto de Desenvolvimento Industrial e Inovação Tecnológica) (the “Grantor”);
• The Grantor will select, through public tender, private companies (the “Managing Entity”) to manage the IDP. These rights are granted under a “Concession Contract”;
• Each Managing Entity will be given “surface rights” (direito de superfície) to the IDP land for a maximum term of 30 years. The land is classified as state “private domain”;
• The Managing Entity will have the following responsibilities/obligations, inter alia:
  1. Prepare an investment plan and present it to the Grantor;
  2. Prepare a Master Plan and submit it to the approval of the Grantor;
  3. Prepare Functioning and Safety regulations;
  4. Promote the IDP and attract investors to install industrial facilities in the IDP;
  5. Build the necessary infrastructures, including roads, water, electricity, lighting, telecommunications, sewage, security, etc.
• The Managing Entity will sign contracts with the investors (Investor) installed in the IDP and will charge them fees for the services provided. These fees will be approved by the Grantor;
• Any company engaged in industrial activities is eligible to become an Investor in an IDP, except companies manufacturing military equipment, explosives or which pose a serious environmental or safety risk.
• The Investor will be subject to the following responsibilities/obligations, inter alia:
  1. Implement the industrial project approved by the Managing Entity;
  2. Comply with the respective Master Plan;
  3. Maintain the operation of the respective industrial facility;
  4. Make good use of the existing infrastructure;
  5. Timely pay the fees due to the Managing Entity.
• The Investor will have property rights to the facilities and equipment built/installed on the IDP, and may pledge or otherwise encumber such facilities/equipment to obtain financing;
• The Investor may change its activity/business subject to Managing Entity’s approval.