Saurimo - A diamond cutting factory called “Pollaro” was inaugurated this Friday, at the Saurimo Diamond Hub, Lunda Sul Province, by the minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, aiming to promote the institution.
With the capacity to cut 5,000 carats per month, the 5th factory was built in an area of 750 square metres, with an investment of over USD 5 million, for its construction and to acquire the equipment.
The factory includes areas for treatment, planning, stone scanning, laser cutting, manual and automatic polishing.
On the occasion, the minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, said that the hub would continue to be a priority as it was a sector that contributed most to the national economy.
He expressed his satisfaction for the fact that another one of the many factories that will still be built and also for the fact that it provided jobs for Young finalists of the Training, Evaluation and Diamond Cutting Centre.
The governor of Lunda Sul Province, Daniel Neto, noted that the opening of the new factory would in fact make more diamonds to be cut locally, which would bring more job opportunities for young people.
The president of the factory's executive committee, Hélder David, said that it employs 60 young people, of whom 30 are nationals and 30 foreign citizens.
He informed that the company will continue to make continuous improvements with investment aiming to get better results.
Regarding production, Hélder David added that they are ready to increase the production capacity with the acquisition of more equipment, if the business guarantees.
About the company
POLLARO is a company with 100% Angolan capital, built in 2015. Its main purpose is to develop, implement and operate diamond processing and cutting projects in Angola.
The factory results in an investment opportunity with high profitability, in a strategic sector of the Angolan economy.
India, USA, Israel, Belgium and the United Kingdom are the countries from where the factory equipment was acquired.
Diamond Development Hub
The Saurimo Diamond Development Hub was inaugurated in 2021, with the capacity to collect 30 diamond cutting factories, and currently there are five.
With an investment of USD 77 million, the project which is in the first phase, will have four diamond cutting factories, to which will be added the four already existing in the country.
The commercial area is the public access hub with shops, restaurants, a food court, banks, tax offices, offices, a convention centre, a technical and professional school, a medical post and accommodation.