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Armenian company Arsini wants to build diamond-cutting factory in the country

The Armenian company Arsini wants to build a diamond polishing factory in Angola, an objective set out in the memorandum of understanding signed with the state diamond company Endiama.

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The announcement was made by the company's president, Edgar Hovhannisyan, after a meeting with Endiama's president, José Manuel Ganga Júnior.

"The purpose of our visit is to establish a diamond-cutting factory," said the Armenian official, quoted by Endiama's press office.

The objective consists of a memorandum of understanding that also contemplates the training of 150 Angolan cadres, of which 18 have already been trained in polishing.

The Armenian delegation will visit the main diamond exploration areas, namely Saurimo, in Lunda Sul and Dundo, in Lunda Norte, to assess the local infrastructure.

Edgar Hovhannisyan also highlighted Arsini's long experience in cutting, dating back to the Soviet era and stressed that Armenia is well known for its jewelery, which it has produced for thousands of years "even before the birth of Christ".

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