The Director General of Technical and Vocational Education in Qom emphasized the necessity of moving beyond the raw export of gemstones and shifting towards the production of high value-added products. He stated that the gem cutting industry, with the potential to create 500 to 700 percent added value, requires minimal initial investment and has the capability to develop home-based businesses. This industry could become one of the driving forces for job creation, wealth generation, and the development of non-oil exports in the country.
Director General of Technical and Vocational Education in Qom: Gem Cutting Can Create Up to 700% Added Value
The Director General of Technical and Vocational Education in Qom highlighted the potential of the gem cutting industry to significantly increase added value and create jobs. This shift from raw material export to high-value production is crucial for economic development in Iran.
👥 Key Players
📰 What Happened
The Director General of Technical and Vocational Education in Qom announced the potential of the gem cutting industry to significantly increase economic value and create jobs in Iran. He emphasized the need to shift from exporting raw gemstones to producing high-value products.
- Gem cutting can create 500 to 700 percent added value.
- The industry requires minimal initial investment and can support home-based businesses.
💡 Why It Matters
📚 Background
Iran's economy has been heavily reliant on oil exports, and there is a growing need to diversify and develop other sectors. The gem industry represents a potential avenue for this diversification.
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%