Fresh boost for gem industry | Sunday Observer

Fresh boost for gem industry

21 November, 2021

Reviving the ailing gem industry will help increase exports and contribute generously to the country’s dwindling dollar reserves, said an official of the Sri Lanka Gem and Jewellery Association.

Incoherent strategies by successive governments have enabled non gem producing countries such as Thailand and Hong Kong to steal the status of a Gem Hub from Sri Lanka.

The proposal by Finance Minister Basil Rajapaksa in his Budget proposal to reinstate Sri Lanka as an International Gem Hub is commendable.