Pakistan Gems and Jewellery Development Company

[1][2] In October 2007, this government-owned company announced plans for development of a 10.8-acre manufacturing complex for gems and jewellery manufacturers in Korangi Creek Industrial Park area of Karachi.

[3] In June 2013, Pakistan's gems and jewellery exports had risen from approximately $47 million to $1.2 billion since the establishment of Pakistan Gems and Jewellery Development Company in 2006.

[4] In January 2017, a company official said that Pakistan should export more of its value-added precious and semi-precious colored gemstones so the country can touch $1.5 billion future exports target annually in this sector.

He said that Pakistan was currently exporting its 65 percent precious gemstones in raw shape at extremely cheap prices.

He said that country's professionals and workforce need to improve their mining skills and their facilities for this value-addition.