One of the most preferred brands in the gemstone and jewelry industry, the KGK Group made its debut in Angola by establishing a state-of-the-art diamond manufacturing unit in Luanda in 2019.

Following on from its three years of operational success, the group is now proud to launch its new diamond manufacturing plant in Saurimo. The factory was inaugurated by His Excellency President João Lourenço, Honorable President of Angola in the presence of Minister Azevedo, industry peers and patrons.

The government of Angola, in order to further optimize the region’s diamond industry, has developed a world-class diamond hub that offers an array of rewards in the form of a free trade zone for Saurimo , attracting global investors.

“We are convinced that this development will facilitate many job opportunities, skills transfer, income growth and foreign investment. The training programs initiated by the KGK group to facilitate sustainable employment are an additional asset for the inhabitants, ”said Sandeep Kothari, CEO of the KGK group.

The Angolan government led by João Lourenço is focused on increasing the country’s economy by promoting enrichment initiatives. Sharing the vision with João Lourenço and in light of promising growth opportunities, KGK has invested US $ 10 million to start up its second state-of-the-art facility equipped with advanced machines such as Synova and Galaxy to name a few. The current installed capacity of the plant is 25,000 carats per month and is expected to create 300 new jobs, which is expected to grow up to 800 workers.

Speaking at the launch, Sandeep Kothari added: “By adhering to the principle of collaborative growth, the KGK Group has proven to be a pioneer in Angola. He not only marked his rise, but also paved the way for others to follow and succeed. In line with our vision of global expansion and growth and respecting our core values ​​of Trust, Integrity, Ethics and Corporate Responsibility, we have succeeded in nurturing an ecosystem leading to lasting collaboration for all stakeholders in the country.

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