Turkish gold and jewelry industry to establish presence in Dubai
The Turkish Gold and Jewelery industry has expressed strong interest in creating a base in Dubai following a highly successful roadshow in Istanbul by Dubai Metals and Commodities Centre (DMCC). Turkey has been identified by DMCC as a region of major business opportunity.
CEO Tawfique Adbullah led a delegation to Istanbul to undertake a number of meetings with representatives of the gold and jewelery sectors. Abdullah was accompanied on the roadshow by DMCC Executive Director for Commodities, David Rutledge and DMCC Head of Business Development Gaiti Rabbani.
The highlight of the visit was a trade event hosted by DMCC that attracted over 60 companies including many leaders of the Turkish gold and jewelery industry. The delegation also undertook a number of media interviews with the Turkish press and visited the Istanbul Gold Exchange and Jewelery City. Both expressed keen interest in working closely with DMCC to enhance the industry across the region.
DMCC is now engaged in an international marketing campaign to promote the purpose-built facilities due to commence construction at DMCC and the other elements of the pioneering project.
The manufacturing complex is already attracting substantial interest from the international jewelery community, as it offers unique facilities for jewelery, diamond and colored stone manufacturers, in addition to property ownership and onsite accommodation. Construction of the units will start in August 2003, and will be completed in the fourth quarter of 2004. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
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