RapNet


Rapaport News

 

Manufacturing

 

高级搜索
最新文章
视频
功能
新闻
挖掘
原石市场
抛光市场
制造
零售

Angola Plans $77M Diamond Center

New hub will house cutting factories and a training facility.
Jun 22, 2020 5:58 AM   By Rapaport News
Print 打印 Facebook Facebook Twitter Twitter 共享 Share


RAPAPORT...
Angola is halfway through the construction of a $77 million diamond hub that it hopes will create revenue sources beyond the sale of rough diamonds.

The hub is located in Angola’s diamond province of Lunda Sul. It will contain a main diamond-cutting facility, a diamond evaluation and training center, and smaller manufacturing plants, Sodiam, Angola’s state-owned diamond company, said last week. Sodiam also plans to set up a bourse in the hub, it announced earlier this month.

“The hub aims to bring together companies related to the mining sector, focusing not only on the diamond value chain, but also in providing adequate and necessary infrastructures for the promotion and development of related activities,” the company noted.

Sodiam will divide the hub into three main parts. A commercial area, which will be open to the public, will include banks, insurance companies, tax offices, stores, restaurants, a food court, a convention center and a training center. Meanwhile, an industrial zone will contain 26 lots of varying sizes, which will house factories and logistics platforms for the diamond industry. The third section will comprise the main cutting factory.

Sodiam expects the hub to be completed by the end of the year.

Image: Rough diamonds in a shovel. (Sodiam)
Tags: Angola, Diamond Hub, Rapaport News, SODIAM
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



电洽: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    私隐政策  
  
twitter twitter
关于 Rapaport
广告业务