The World Jewelry Center has signed its 150th company to reserve space in the planned international gem and jewelry hub.

These firms who have signed letters-of-intent to occupy space for the project in Las Vegas include every sector of the gem, jewelry, and watch industries, and represent 24 countries on five continents, including 20 states in the U.S, WJC officials said in a statement.

“The World Jewelry Center in Las Vegas has great appeal for firms looking at the competitive edge it offers,” said Bill Boyajian, WJC managing director. “The opportunity to grow market share in the United States, the largest jewelry consuming nation in the world, and to do it in a new, exciting center, makes it a winning situation.”

Boyajian said the project has made continued progress despite the ongoing economic challenges throughout the world.

“We have experienced a consistent flow of inquiries, and a steady stream of new clients over the past several months, as many industry leaders add up the cost-saving advantages of our Las Vegas location and recognize the impressive array of quality companies they will be able to do business with in one building complex.”

Boyajian said the groundbreaking is expected in the second half of 2009 with completion slated for 2011.

JCK