This is the second diamond polishing plant Lev Leviev has set up in Africa in the past 18 months. The first, in Namibia, also uses indigenous labor.
Diamond merchant Lev Leviev and the Angolan government have dedicated a joint diamond polishing plant, the largest in Africa. The plant will employ 600 Angolans.
Leviev and the Angolan government announced plans for the diamond polishing plant a year ago. Leviev and Angolan President Jose Eduardo dos Santos dedicated the plant in a state ceremony last Thursday.
The diamond polishing plant, the first in Luanda, Angola’s capital, is considered one of the most modern and sophisticated in the world. Construction took ten months. The plant is equipped with advanced sawing, cutting, and polishing machines supplied by the Leviev group.
This is the second diamond polishing plant Leviev has set up in Africa in the past 18 months. The first, in Namibia, also uses indigenous labor.
Published by Globes [online], Israel business news - www.globes.co.il - on November 7, 2005