President of Panama Diamond Exchange to visit Israel and India

Erez Akerman, President of the Panama Diamond Exchange will be travelling to India and Israel to explain the opportunities available at the under-construction Panama Gem & Jewelry Center. The Panama Gem & Jewelry Center is Latin America's first dedicated diamond, colored gemstone and jewelry trading complex and is being built in Panama City.

During the visits over the next two weeks, Erez Akerman will meet with members of diamond trades and hold meetings at Ramat Gan/Tel Aviv from May 11 -16 and in Mumbai from May 19 - May 23.

During his recent visit to Antwerp, Erez Akerman met companies from the Belgian diamond sector, with several already having signed commitments to take up office space in the Panama Gem & Jewelry Center.

"Interest in the project is high, with members of the trade keen to be among the first to establish a permanent place in the new Latin American trading complex," Mr. Akerman said. "Our goal is to have a good representation from all the various trading centers, but during the first phase of the development program space will be limited. Those who sign up first will obviously get preference."

The $200 million Panama Gem & Jewelry Center is the largest and most ambitious development project ever undertaken on behalf of the jewelry and gemstone trades in Latin America.