Pakistan Gems and Jewellery Development Company (PGJDC) organized two day 4th Gem Bazaar in Quetta at its Gem Exchange on 6th and 7th March 2010.

It was the 4th Gem Bazaar in Quetta, which shows PGJDC’s commitment for consistent efforts to promote Pakistani Gemstone sector and also to provide a lucrative opportunity and platform for the buyers and sellers of gemstones and mineral specimen under one roof in secured environment. The interested buyers were exposed to quality products on competitive prices, which will add tangible value to their business endeavors.

Like previous Gem Bazaars this time too, around 35 exhibitors have displayed their gemstones and mineral specimen for the interested buyers. A variety of gemstones and mineral specimen including precious and semi precious gemstones from Baluchistan and other parts of the country including Gilgit Baltistan, Swat, etc are displayed in the Gem Bazaar. These gemstones include emerald, peridot, ruby, sapphire, topaz and many other precious semi precious gemstones. Baluchistan is one of the richest regions in the world in terms of variety of minerals. Gemstones reserves in the province and their business has huge potential. Gem Bazaar is just the right platform for the trade to flourish in the province leading to increase in exports from Pakistan.

Pakistan is blessed with a lot of precious and semi precious stones which after value addition and can earn millions of dollars in countries foreign exchange. The unfortunate part is that we have been exporting our gemstones without value additions thus we are unable to fetch the right price for our exports. PGJDC is working on several projects including technology up gradation to impart the required skills and provides education to the stakeholders so that they could recognize the importance of exports after value addition.

The Gem Bazaar is a continuous feature which will contribute immensely to the continuous efforts that PGJDC is putting in for the development of Gems & Jewellery industry of Pakistan. This event is organized in strict security so that individuals are confident in bringing their valuable gemstones for trade. Gem labs are a major attraction for the buyers as they can ensure the genuineness of their stones before they can trade.

PGJDC motive is to enhance confidence, motivation and trust in the minds of traders about companies efforts for the development of the industry. This will further improve the value chain productivity of the sector, which will also enable the miners to rise above unnecessary exploitation and deprivation from direct trading. The interested buyers will be exposed to quality products on competitive prices, which will add tangible value to their business endeavors.