KBC 14: Which of these cities is well-known as a hub of the international diamond industry?
Answer: Antwerp, Belgium
Antwerp’s diamond district, also known as the Diamond Quarter, is an area within the city of Antwerp, Belgium. It consists of several square blocks covering an area of about one square mile.
While as of 2012, much of the gem cutting and polishing work historically done in the neighbourhood had moved to low-wage centres elsewhere, about 84% of the world’s rough diamonds passed through the district, making it the largest diamond district in the world with a turnover of 54 billion dollars.
Each year, approximately 50% of the rough diamonds return to Antwerp for cutting and polishing. Over 16 billion in polished diamonds are passed through the district’s exchanges each year. There are 380 workshops that serve 1,500 companies. There are also 3,500 brokers, merchants and diamond cutters.
KBC 14: Which of these cities is well-known as a hub of the international diamond industry?
KBC 14: Which of these flowering plants does not get its name from a person?
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KBC 14: Which was the world’s first country to give women the right to vote?
KBC 14: What is the official currency of the United Kingdom?
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