Logo of Phnom Penh Post newspaper Phnom Penh Post - Gem event promises to sparkle

Gem event promises to sparkle

Gem event promises to sparkle

Officials are predicting an increase in visitors and a glitzy showcase when the 5th Cambodia Gems and Jewelry Fair opens this Thursday in Phnom Penh.

Set in the Diamond Island Convention and Exhibition Centre, the four-day event is drawing buyers and traders to Phnom Penh amid a burst of energy in the country’s growing precious stones industry.

Kep Vutha, with the bureau of trade exhibitions in the Ministry of Commerce, said there will be a mix of local and international dealers. But the emphasis will be on Cambodia, whose companies account for 48 of the 78 signed up.

An official with the state promotion department who declined to be named said the event will provide a platform for local businesses.

“The Cambodian gem and jewellery fair is a high-standard event, and this one should be considered at an international standard,” the official said.

In recent years, Cambodia has tried to position itself as a player in the industry. Intertek, a London-based checker of rare gems, set up the country’s first laboratory in 2011 to help regulate the trade, and in March, construction on a diamond-polishing factory and training centre for luxury jewellery brand Tiffany & Co began in the Phnom Penh Special Economic Zone.

MOST VIEWED

  • US think tank warns of China's 'ulterior motives'

    A US think tank on Tuesday warned that spreading Chinese investment in the Indo-Pacific follows a pattern of leveraging geopolitical influence at the expense of the nations receiving investment, including Cambodia. The report looks at a sample of 15 Chinese port development projects, noting that the

  • Defence Ministry denies weapons in smuggling case came from Cambodia

    After a Thai national was arrested last week for allegedly smuggling guns from Cambodia to Thailand, Cambodia's Defence Ministry has claimed the weapons seized during the arrest are not used in Cambodia, despite the fact that both types of rifle seized are commonly found in

  • More than three tonnes of ivory reportedly bound for Cambodia seized in Mozambique

    A total of 3.5 tonnes of ivory reportedly bound for Cambodia was seized by authorities in Mozambique late last week, according to the NGO Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). CITES' information was based on a report from the

  • Shipwreck found off coast of Koh Kong

    Royal Cambodian Navy researchers are working to identify a decades-old shipwreck found earlier this month off the coast of Koh Kong province. Divers found the 70-metre-long wreck on April 4 about a mile from Koh Chhlam island, according to Navy officials. Deputy Navy Commander Tea Sokha,