(Press Release) Bangkok, Thailand — The Thai Gem and Jewelry Traders Association (TGJTA) announced that the Thailand Gems & Jewelry Fair 2017 will take place June 15-18 at Challenger 1, IMPACT, Muang Thong Thani in Bangkok.
“We are certain to see a bigger and better fair than our previous editions this coming June,” said Suttipong Damrongsakul, president of the TGJTA. “The feedback from Thai and international exhibitors, as well as support from visitors has been extraordinary. The fair will also enable a more vibrant and dynamic environment in gems and jewelry trading.”
TGJTA was established with the aim of supporting and promoting Thailand’s gem and jewelry industry. For over 40 years, the association has served the needs of its members in the Thai gems and jewelry trade, from SMEs to large businesses involved in every aspect of the industry, including raw material, design, manufacture, manufacturing equipment and innovation. The industry is ranked third in the country in terms of export value, generating 435 billion baht (US$12.3 billion) worth of exports over the period of January to October 2016. TGJTA is also initiating the promotion of gems and jewelry sales alongside tourism which will enable inbound tourists to buy gems and jewelry as souvenirs.
Directors of the TGJTA have supported the continuous development of the Thai gems and jewelry industry, from training for craftsmen in the industry to breaking down barriers for the import of raw stones and other raw material. This year, the TGJTA has successfully received support from the Thai government to exempt all custom duty for the import of silver and gold coils under 18 karats. This is the result of the TGJTA’s efforts to lobby for new measures to increase the competitive advantage for the Thai gems and jewelry industry on the world market. The TGJTA has also established alliances with various gems and jewelry associations worldwide, building a strong and sustainable business network.
Open to Thai and international companies, as well as the general public, the fair will be held over an area of 20,000 square meters and consist of 1,000 booths featuring companies from all over the world. The organizers expect over 30,000 visitors to participate in the event.