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New diamond production launched in Primorye
The company M. Suresh Vladivostok launched the production of diamonds in the Far Eastern capital. An investment project worth about 314 million rubles became the third such among residents in the Far Eastern Federal District and the second in Vladivostok.
The company has already created more than 70 jobs, and subsequently the resident intends to increase their number to 200. According to the press service of the Ministry of Eastern Development, raw materials will be provided by his own jewelry production in India and Botswana, focused on the export of wedding jewelry and accessories.
The rough diamonds of the resident of the free port of Vladivostok will be supplied by Alrosa. “M. Suresh Vladivostok” plans to gradually increase production volumes and develop niche Russian jewelry products.
An early diamond cutting factory in Vladivostok was opened by the SPV resident KGK DV, and Sabiem LLC launched a jewelry-cutting and cutting cluster in the Kangalassi Industrial Park in Yakutia. The total investment portfolio of jewelry projects in the Far East exceeds 1,5 billion rubles.