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Raw Materials

UAE entrepreneurs interested in financing construction of a diamond hub in Lunda Norte

Ernesto Muangala, governor of Lunda Norte, informed that businessmen from the United Arab Emirates (UAE) were interested in financing the construction of a Diamond Development Hub in that province.


Cited by Angop, the governor considered that if this interest passes from paper to action, the diamond subsector in that province will gain a new dynamic, as it will help to reduce the costs of cutting and cutting diamonds.

The provincial government, in coordination with the ministry that oversees the sector, will keep in contact with interested businessmen with a view to having the plan for Lunda Norte carried out, said Ernesto Muangala, who was speaking at the end of the forum to capture investment for the Saurimo Diamond Development Hub, which took place in Dubai.

Regarding the meeting, the governor considered that it was "very productive because many local investors expressed their interest in building more factories in the Diamond Development Pole of Saurimo" as well as "the subsequent construction of an identical pole in Lunda Norte".


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