Thailand Gems & Jewelry Fair has received backing from key Thai government agencies and gems and jewellery associations across the Southeast Asian Nations (ASEAN).
Presidents and members from across ASEAN joined the Thai Gem and Jewelry Traders Association (TGJTA) yesterday (April 5) to promote and support the inaugural show.
Scheduled to take place at the Impact Challenger 2 exhibition space in Bangkok, the fair will run from June 15 to 18 and feature four districts of loose gems and finished jewellery.
Suttipong Damrongsakul president of the TGJTA said: “Today we are honoured to welcome our friends from China, India, Hong Kong, Malaysia, Myanmar and Italy who are showing their support for the Thailand Gems & Jewelry Fair 2017.
“We hope to strengthen this fruitful relationship between our associations and members, and to see further cooperation among our industry and our countries in the near future. I believe that together we can make ASEAN a strong base for jewelry manufacturing and trading.”
The gems and jewellery industry in Thailand currently employs over a million people and the mid-year fair is expected to stimulate gems and jewellery trading both for domestic and export markets.
“The fair will be a great opportunity for gemstone traders in Thailand to meet overseas buyers. Our partners in Chinese associations from Beijing, Shanghai, Shenzhen, Guangdong, Chengdu, and Tianjin will all be seeking coloured stones from Thai producers at the Thailand Gems & Jewelry Fair. We also expect to see buyers from Europe and the US who will be looking for quality raw materials and finished products in various styles at the fair,” added Damrongsakul.
The Thailand Gems & Jewelry Fair 2017 will feature four distinct zones representing key landmarks in Bangkok. The fair will also include an Innovation Pavilion showcasing Thai industry trends as well as seminars and workshops by expert keynote speakers.
To support this initiative the Thai government has granted tax incentives to facilitate trading, such as zero import duty on all jewellery and zero VAT (Value-Added Tax) for rough stones.