PGJDC international gems exhibition achieves targets

Pakistan Gems and Jewellery Development Company’s four-day grand event of Pakistan International Gems and Jewellery Exhibition (PIGJE-2012) successfully ended here on Sunday.
The four-day extravaganza was held from June 7 to 10 at a local hotel here; showcasing the best of Pakistan’s gems and jewellery products reflecting both traditional and contemporary class, said a press release here on Sunday. The event highlighted Pakistani gems and jewellery products in the most versatile manner where the international buyers were introduced to the potential Pakistani market. The gems and jewellery produced through latest technology and skills were exhibited there. Jewelers, gems dealers and manufacturers of sectoral machinery, tools, equipment and accessories are displaying their products at the Show.
The intricately crafted jewellery and precious/semi-precious gemstones found in Pakistan will ultimately reveal an entire new market to foreign buyers. The PIGJE-2012 international exhibition is focusing on providing a lucrative platform to the thriving gems and jewellery sector of the country.
The enabling environment has been created both for local and international traders to interact and promote business. Through the development of B2B linkages with the international buyers, the exhibition is poised to be one of the major contributors to increase export earnings of the country. The export target is dollars 1.5 billion by 2017.
Prime Minister Syed Yousaf Raza Gilani had inaugurated the event on June 7, 2012 at a hotel here. He assured his full support for PGJDC and for this sector in general. Sindh Governor Dr. Ishrat-ul- Ebad Khan, Sindh Chief Minister Syed Qaim Ali Shah, Federal Minister for Production Chaudhry Anwar Ali Cheema and Federal Secretary for Production Gul Muhammad Rind were also present at the ceremony.
The delegates from India, UAE, UK, Sri Lanka, Hong Kong, Germany and France were present in the event. The Exhibition also encompassed a seminar on June 9 where renowned speakers on Gems and Jewellery from International Coloured Gemstone Association “ICA” and Gems and Jewellery Consultants shared their highly technical information and as well as their experience with the audience.
KMC evaluates increase in revenue generation: The Karachi Metropolitan Corporation (KMC) Administrator Muhammad Hussain Syed urged the officers to take effective measures for providing permanent sources of income to KMC.
He was chairing a review meeting in his office which was attended by Senior Director Finance Aamir Khurshid, Director General Technical Services Altaf G. Memon, Senior Director Health Services Dr Shoukat Zaman, Director E&IP Shoaib Waqar and other high officials of KMC.
A KMC statement on Sunday said that the Administrator KMC directed the officers to assess those measures minutely which could enhance revenue for the organisation and the journey of development in the city could be carried on without any break.
Various matters pertaining to increase in KMC revenue came under discussion during the meeting including the construction of multi-storey buildings on existing KMC land on public- private partnership basis.
A briefing was given on this occasion in which it was informed that KMC held land at some prime locations in Clifton, Saddar, Soldier Bazar, Sharifabad, Guru Mandir, I.I. Chundrigar Road and Nishter Road where constructions on commercial basis could provide a permanent source of income to KMC.
Administrator Muhammad Hussain Syed said it was the need of the hour to take all possible measures for increase in the KMC’s revenue. He said revenue resources could increase if prime locations in the city are used on commercial basis while fulfilling all the legal formalities and making proper advertisements.