The Gem and Precious Jewelry Institute of Thailand (GIT) has actually revealed its preparedness to arrange the 68th Bangkok Gems and Precious jewelry Fair, showing the development and worldwide acknowledgment of Thailand’s gem and precious jewelry market.
GIT CEO Sumed Prasongpongchai stated the fair will highlight the Thai market’s success over the period of 40 years. It will likewise include an exhibit showcasing its splendour, zones committed to brand-new exhibitors, workshop activities, and over 1,100 gem and precious jewelry merchants from worldwide, inhabiting more than 2,400 cubicles.
Phusit Ratanakul Sereroengrit, Director-General of the Department of International Trade Promo (DITP), on the other hand exposed that the export worth of gems and precious jewelry– omitting unworked gold– surpassed US$ 4.34 billion in the very first half of 2023, growing by 11.94%.
The DITP has actually set a yearly target of no less than a 10% boost in exports due to the financial healing of Thailand’s trading partners, enhanced worldwide conditions and increased customer costs.
This year’s Bangkok Gems and Precious jewelry Fair will be held at the Queen Sirikit National Convention Center from September 6-10. It is anticipated to draw in no less than 30,000 visitors from worldwide, producing an overall trade worth of no less than 3 billion baht.
The occasion highlights Thailand’s popular position in the worldwide gems and precious jewelry market, while intending to even more boost the country’s credibility as a leading center in this dynamic market. ( NNT)
