Friday Aug 29, 2025
Friday Aug 29, 2025
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By Amira Cader
Sri Lanka, renowned as the Island of gemstones, is preparing to host the third edition of Gem Sri Lanka, South Asia’s premier international gem and jewellery exhibition.
Organised by the Ceylon Gem and Jewellery Traders Association (CGJTA), the event will take place from 7-9 January 2026 at the Shangri-La Colombo, bringing together industry leaders, global buyers and connoisseurs.
The official launch ceremony, held yesterday at the Shangri-La Colombo, welcomed a distinguished gathering of ministers, ambassadors, dignitaries, industry leaders and stakeholders.
With the theme “The Source. The Production. The Selection”, Gem Sri Lanka 2026 will highlight the complete journey of gemstones—from their origins in Sri Lankan mines to masterful craftsmanship and international markets.
Gems Sri Lanka Chairman and CGJTA Vice Chairman Hilmy Cassim, described the exhibition as a powerful gateway connecting Sri Lanka’s timeless gemstone legacy with the global marketplace.
“Our gems don’t just shine—they outshine,” he declared, emphasising the event’s pivotal role in empowering young talent, attracting foreign investment and positioning Sri Lanka as a premier destination for ethically sourced and masterfully crafted gemstones.
Deputy Minister of Industries and Entrepreneurship Development Chaturanga Abeysinghe, attended the event as Chief Guest, delivering an inspiring address that underscored the government’s commitment to strengthening Sri Lanka’s gem sector. He highlighted the importance of policy reform, global outreach and youth engagement as key pillars for sustainable growth.
Abeysinghe, also acknowledged the challenges facing the gem industry, noting that it remains largely informal and is often hindered by corruption and lack of proper oversight.
“The industry, in its current form, operates through informal associations and is in urgent need of regulations and reforms. Greater transparency and accountability are essential to ensure its long-term sustainability and global competitiveness,” he emphasised.
Mayor of Colombo V.C. Balthazaar commended the initiative for its contribution to both urban development and cultural diplomacy, affirming Colombo’s growing role as a global gem hub. She praised Gem Sri Lanka as a luminous platform that not only showcases the island’s unparalleled gemstone heritage but also strengthens the nation’s standing on the international gem calendar.
“This exhibition is more than a trade event—it is a celebration of artistry, authenticity and the enduring brilliance of our nation’s legacy, from mine to market, Colombo stands proud as a gateway to the world’s finest sapphires and a beacon of sustainable innovation in the gem industry.” she noted.
Export Development Board Chairman Mangala Wijesinghe stated that the gem industry ranks as the ninth largest export sector in the country, recording an 8% growth last year and projecting a 10% growth this year. The sector has played a major role in foreign remittances, contributing to the overall earnings of $ 697 million, of which $ 332 million came from tourism. He further highlighted that July was an exceptional month for the export sector, while inflation has remained below 5%, creating a positive outlook for the economy.
CGJTA Chairman Rizwan Nayeem delivered a powerful address reflecting on the association’s proud legacy and its ambitious vision for the future. He emphasised the values of unity, ethical trade and the need to nurture the next generation of gem professionals to ensure the industry’s long-term sustainability.
As custodian of the historic Chinafort Beruwala Gem Market—the world’s largest open-air gem trading hub ,He reaffirmed CGJTA’s commitment to preserving Sri Lanka’s rich gemstone heritage while embracing global standards of transparency, innovation and accountability.
More than 100 exhibitors, 500+ global buyers and 5000 visitors from over 50 countries are expected to participate, making this one of the most anticipated events in the global gem calendar. Exhibitors will present ethically sourced, rare, and high-quality gems, offering buyers an opportunity to secure fresh inventory, discover exclusive pieces and strengthen supply chains.
Guild Institute of Gemology and Guild Gem Laboratories Senior Vice President Andrew Lucas, expressed confidence that Gem Sri Lanka will serve as a pivotal platform for the country to attract much-needed global attention in the gemstone sector. As the world’s largest coloured gemstone market presents immense opportunities, Sri Lanka—particularly known for its world-renowned Ceylon sapphires—stands to benefit significantly from increased international exposure and trade opportunities.
Unlike traditional trade fairs, Gem Sri Lanka is about building lasting relationships. Visitors will have direct access to miners, master cutters and exporters, ensuring transparent sourcing and ethical practices.
National Gem and Jewellery Authority Director General H.N.K. Dulani stated that the exhibition is poised to be a great success, driven by its transparency, sustainability and celebration of Sri Lanka’s rich gem heritage.
“We extend our fullest support to this initiative,” she added.
The event will also feature the Gem Sri Lanka 2026 Gala, an exclusive networking evening designed for professionals to connect, exchange insights and discuss global market trends in an elegant setting.
By hosting this landmark exhibition CGJTA reaffirms its commitment to positioning Sri Lanka as the world’s sapphire capital and a leader in ethical, sustainable gemstone trade.
Gem Sri Lanka 2026 is more than an exhibition—it is a celebration of artistry, authenticity and the brilliance of Sri Lanka’s timeless gemstone legacy.
Pix by
Lasantha Kumara
