Doing Business In (Insert Country Name Here)

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Caixa Postal 1205 – LuandaTel. 244 222 372373 / 396178Fax 244 222 3374402/13/2007
MINING INDUSTRY EQ. (MIN)OverviewReturn to top2004 estimate($million)2005 estimate($million)2006 estimate($million)Total Market Size 50 60 70Total Local Production 0 0 0Total Exports 0 0 0Total Imports 50 60 70Imports from the U.S. 25 25 25The above are unofficial U.S. Embassy estimatesAngola is the world's fourth-largest diamond producer after Botswana, Russia and SouthAfrica. In 2005, Angola sold an estimated 6.6 million carats of diamonds, at a value ofabout $764 million. Diamond revenue for 2006 is expected to top $1 billion. The currenttrend in the diamond industry is leading to increase government control through formalconcessions to industrial mine operators and decrease production by informalprospectors. With this shift from informal to industrial production, Angola will need toimport substantial quantities of mining equipment. Caterpillar, through the South Africandistributor Barloworld Equipment, is one of the major suppliers of mining equipment toAngola.On November 3, 2005, the first Angolan diamond cutting and polishing plant wasinaugurated. The $10 million factory is a partnership between Sodiam, a subsidiary ofEndiama, and the LLD diamond company. In December 2006 Sodiam began sellingjewellery made with diamonds cut in Angola. The plant can process $20 million indiamonds monthly. At full capacity the plant could process 40 percent of Angola’sdiamond production. Endiama has also opened representative offices in Hong Kong andTel Aviv to market Angolan diamonds.Legal sales of rough diamonds may occur only through Endiama, the government’sdiamond parastatal company. The Government of Angola has established an exportcertification scheme consistent with the “Kimberley Process” to identify legitimateproduction and sales. The Government is working to end uncontrolled alluvial mining byindividual prospectors. In the past, this led to expulsions of alluvial miners identified asillegal immigrants. There have been some charges of abuses committed against alluvialminers, both Angolan and foreign, by private security forces operating employed byprivate diamond concerns. The Angolan government is working to better regulateprivate security forces and improve their respect for human rights.Angola also has substantial reserves of granite, iron ore, phosphates, feldspar, bauxite,uranium, and gold.OpportunitiesReturn to top2/13/2007
Page 1 and 2: Doing Business In Angola: A Country
Page 3: -- Corruption is pervasive in Angol
Page 7 and 8: U.S. companies may market products
Page 9 and 10: Customer service in Angola is less
Page 11 and 12: Return to table of contentsChapter
Page 13: joint venture by Sonangol and Sinop
Page 17 and 18: AGRICULTURAL MACH. & EQ. (AGM)Overv
Page 19 and 20: Tel: +244 222 331032/333474Fax: +24
Page 21 and 22: COMPUTERS/PERIPHERALS (CPT)Overview
Page 23 and 24: Agricultural SectorsReturn to topAn
Page 27 and 28: animal vaccines (Ministries of Agri
Page 29 and 30: Product CertificationReturn to topI
Page 33 and 34: Expropriation and Compensation Retu
Page 35 and 36: Protection of Industrial Intellectu
Page 37 and 38: SONANGOL and the state diamonds com
Page 39 and 40: Angola’s General Labor Law went i
Page 43 and 44: Export-Import Bank of the United St
Page 45 and 46: Visa RequirementsReturn to topU.S.
Page 47 and 48: Marine Transportation--------------
Page 51 and 52: - Banco Espirito SantoDr. Oswaldo L
Page 53 and 54: Hotels in LuandaHotel TrópicoTel.
Page 55 and 56: Angola TelecomMr. Jose Avelino, CEO
Page 57: Return to table of contentsChapter

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