Bangkok, 23 February, 2016 – The 57th Bangkok Gems and Jewelry Fair (BGJF) 2016 is set to launch the Thai capital into the gemstone capital of the world, when it kicks off tomorrow. As asserted by industry leaders, the five-day event has in recent years grown into the fifth biggest industry show in the world, and attracted tens of thousands of buyers from all around the world.
Mr. Somchai Phornchindarak, President of the Gems, Jewelry and Precious Metal Confederation of Thailand (GJPCT) said, “Thailand was formerly known solely for excavating the precious gems, but now we have successfully developed an international reputation for the finest quality coloured stones or known globally as Ploi Thai. I believe that in three to five years, Thailand will become gem hub of ASEAN, and eventually secure its well-deserved status as the gemstone capital of the world.”
As part of the strategies to positioning Thailand as the gemstone capital of the world, 13 gems and jewelry associations under the GJPCT is urging the Thai government to consider lifting the value-added-tax (VAT) for imported of finished diamonds and gemstones for manufacturing, rough stones for manufacturing and sale, as well as machinery tools and essential materials.
See more of what’s to expect at the 57th Bangkok Gems and Jewelry Fair (BGJF) 2016 from this video news release:
https://www.youtube.com/watch?v=B7VEBXls_YI&feature=youtu.be
The 57th BGJF57 will be held at the Challenger Hall 1-3, Impact Muang Thong Thani, Bangkok from February 24 to 28 from 10.00 – 18.00 Hrs.
For more information, visit: www.bangkokgemsfair.com
