The government of Yakutia expects an increase in the value of jewelry production in the region to reach 1 billion rubles ($10 million), TASS reports with reference to the Minister of Industry and Geology of the Republic of Sakha (Yakutia) Maxim Tereshchenko.
For comparison, in 2022 this figure amounted to 733.5 million rubles.
According to the representative of the regional Ministry of Industry, in the first nine months of the year there has been an increase in production, which suggests an increase in annual value.
According to data for 2022, the jewelry and diamond cutting industry is represented by nine enterprises in the Chamber of Commerce and Industry of Yakutia, including: I Am Gold, Sakha Taas, Kierge, Ohor Utum, Egelge, Yakut Jewelry Factory.
Currently, a regional industrial development fund has been established in the region, as well as a regional trading platform "Arctic Trading House". A jewelry and cutting cluster "Sabiem" has been opened that features modern jewelry, cutting and polishing equipment that meets international standards.
Alex Shishlo for Rough&Polished
