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Pakistan Gems and Jewellery Development Company (PGJDC) ( ur, ) is a state-owned subsidiary of Pakistan Industrial Development Corporation and is based in
Karachi Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former c ...
,
Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...
.


Company performance

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 The industrial parks in Karachi have been built in Karachi, Sindh, Pakistan. The industrial parks manufacture consumer and industrial goods, creating jobs for the local population. An industrial park (also known as industrial estate, trading e ...
area of Karachi. This modern industrial park would have gems labs, training centers, processing units and jewellery manufacturing units located in it.Gems, jewellery cluster planned
The News International (newspaper), Published 28 October 2007, Retrieved 8 December 2017
In March 2010, Pakistan Gems and Jewellery Development Company organized two training courses to train workers in
Lahore Lahore ( ; pnb, ; ur, ) is the second List of cities in Pakistan by population, most populous city in Pakistan after Karachi and 26th List of largest cities, most populous city in the world, with a population of over 13 million. It is th ...
, Pakistan. 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.New markets eyed as gems and jewellery exports hit $1.2 billion
Pakistan Today (newspaper), Published 20 June 2013, Retrieved 8 December 2017
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.Expedite entire value chain to enhance gem exports
Daily Times (newspaper), Published 23 January 2017, Retrieved 8 December 2017


See also

* Pakistan Industrial Development Corporation (PIDC) *
Trade Development Authority of Pakistan The Trade Development Authority of Pakistan (TDAP) ( ur, ), is a department within the Ministry of Commerce and Textile Industry of the Government of Pakistan. It facilitates and promotes international trade of Pakistan. Background The depa ...
(TDAP) *
Pakistan Small and Medium Enterprise Development Authority Small and Medium Enterprises Development Authority (SMEDA) ( ur, ) is an autonomous institution of the Government of Pakistan under Ministry of Industries and Production. SMEDA was established in October 1998 for encouraging and facilitating the d ...
(SMEDA)


References


External links


Pakistan Gems and Jewellery Development Company - official website
Pakistani companies established in 2006 Jewellery companies of Pakistan Government-owned companies of Pakistan Companies based in Karachi Pakistan federal departments and agencies {{Pakistan-gov-stub