BUSINESS Thailand to host Gems, Jewelry fair to push Thai jewelry SMEs to world market

BUSINESS

Thailand to host Gems, Jewelry fair to push Thai jewelry SMEs to world market

Xinhua

20:04, February 15, 2019

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(Photo: Bangkok Gems & Jewelry Fair's website)

BANGKOK, Feb. 15 (Xinhua) -- Thailand's Ministry of Commerce is hosting the 63rd edition of Bangkok Gems & Jewelry Fair under the theme of "Thailand's Magic Hands" on Feb. 20- 24, aiming to highlight Thailands cultural heritage and the exquisite craftsmanship of Thai artisans.

Department of International Trade Promotion under Ministry of Commerce is building the event a platform to promote potential Thai entrepreneurs and small and medium sized enterprises(SMEs) to expand their business to the global market.

The fair is expected to attract more than 20,000 businessmen and buyers from 130 countries across the globe.

Banjongjitt Angsusingh, Director-General of the Department of International Trade Promotion, Ministry of Commerce, said that Thai gems and jewelry industry was one of the most important sectors of the country's economy last year.

"It helped create jobs for the industrial workforce and generate income to up to 1.2 million people. In 2018, the exports of gems and jewelry products, including gold, valued up to 383,713 million baht (about 11,991 million U.S. dollars), or accounted for 4.74 percent of all exports of the country," said Banjongjitt at a press conference.

Over 800 leading Thai and international manufacturers, exhibitors and exporters will display over 1,800 booths covering all types of products.

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