YANGON, Feb. 14 (Xinhua)-- Myanmar hoteliers are making full preparation to accommodate expected increased number of visitors attending the coming annual gems emporium scheduled for mid-March in the new capital Nay Pyi Taw, according to gem trading circle Monday.
On the basis of competitive bidding, the 13-day gems show will take place at the Ani Yadana Jade hall in the capital's Zaputhiri Township from March 10 to 22, the sources said.
In November last year, a 13-day record-breaking mid-year gems emporium was launched for the first time in Zabuthiri Township of the new capital, selling out a total of 9,157 lots of jade, 27 lots of gems and 237 lots of pearl as well as other jewelry and obtaining a proceeds of 1.4 billion U.S. dollars through sale of them.
The event was attended by 6,700 gem traders including 4,000 from abroad. The buyers were mostly from China, China's Hong Kong and Chinese Taipei.
Myanmar started to hold gem shows annually in 1964, introducing the mid-year one in 1992 and the special one in 2004.
The latest figures show that in the first five months (April- August) of 2010-11, Myanmar yielded 22,549 tons of jade and 4,995 million carats of gems which include ruby, sapphire, spinel and peridot, as well as 66,861 mommis (250 kilograms) of pearl.