The Department of International Trade Promotion (DITP), the Thai Gem and Jewelry Traders Association (TGJTA) and the Gems, Jewelry and Precious Metal Confederation of Thailand (GJPCT) jointly held an exhibitor meeting on January 6 at the Holiday Inn Bangkok Silom Hotel in preparation for the 57th Bangkok Gems & Jewelry Fair.
“We would like to encourage new innovation from exhibitors, as we want to present to foreign buyers the potential of Thai gems and jewelry companies,” Suttipong Damrongsakul, President of the Thai Gem and Jewelry Traders Association (TGJTA) said at the event.
DITP Deputy Director-General Chantira Jimreivat Vivatrat said, “The government is confident of the potential of Thai businesses in the gem and jewelry industry. Various measures and incentives have been introduced to facilitate trading.”
He added, “Everyone coming to the fair is looking forward to see new jewelry designs. It is up to the operators in the industry to make that happen.”
Somchai Phornchindarak, Chairman of the Gems, Jewelry and Precious Metal Confederation of Thailand (GJPCT), believes that the industry has a bright future. “We need to push Thailand to become the gem and jewelry hub in ASEAN,” he said.
Phornchindarak also praised the efforts of the government in promoting the industry. “The TGJTA and the GJPCT has been working with the government to introduce tax exemption for certain products while offering a grace period for those trading at the Bangkok Gems & Jewelry Fair,” he said.
He further announced that the GJPCT will launch a Virtual Jewelry Fair – a cyber-exhibition that will allow users to showcase their products online – on January 24.
Tight security measures have been put in place to ensure the safety of exhibitors. The Tourist Police Division will utilize its long experience of working with the TGJTA to monitor any safety issues to facilitate trading between exhibitors and buyers.
The fair organizers also briefed exhibitors on the Bangkok Gems & Jewelry Fair mobile application, which will enable buyers and visitors to find specific products and companies more conveniently.
The 57th edition of the Bangkok Gems & Jewelry Fair is set to distinguish Thailand as the world’s ‘Ruby Capital’. The fair will be held at Challenger Hall 1-3, Impact Muang Thong Thani between February 24 and 28 from 10am to 6pm.