Development plans for Macau diamond industry bared
Plans are underway to further develop Macau as a rough diamond processing centre, according to a recently announced masterplan for the city’s economic diversification and regional cooperation.
The Official Plan for the Hengqin Guangdong-Macao Intensive Cooperation Zone supports the development of rough diamond processing capabilities and the building of a world-class rough diamond and gemstone trading centre in Macau.
In a statement, Macau·China Diamond and Gem Exchange (MDGE) said it would cooperate with the government in implementing the plan and fully supported its efforts to develop diamond and gemstone industries in the Guangdong-Macau Intensive Cooperation Zone.
MDGE is currently the only international diamond and gem trading platform operating within the Guangdong-Hong Kong-Macau Greater Bay area. It is committed to establishing a fair, technologically leading, innovative, efficient and first-class diamond and gem exchange.
The exchange said it would play an active role in advancing the development of the area, based on national strategies such as the Belt and Road Initiative and the Dual Circulation strategy.