IFP Exclusive

Gemstone Processing; Untapped Business Opportunity for Iranians

Gemstone processing is a great area for investment, particularly in a resource-rich country like Iran. However, the country has a long way to go if it wants to use the untapped but profitable opportunity.

Many countries, even those without significant mineral resources, earn a great amount of money by importing gems and exporting them after processing.

The global turnover of this industry is about $1,000 billion. Iran, however, has not made any significant investment in the processing of these gems despite enjoying great resources.

By launching production and processing units, Iran can also have great export revenues in this particular area.

An amethyst stone processing workshop has been operating since 2010 in the northern city of Gorgan. One of the problems that such workshops are faced with is the export of the processed gems to other countries.

Here are photos of this workshop retrieved from Mehr News Agency:

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