|The Israel Diamond Institute Group of Companies (IDI) has announced that it expects to host 47 companies this year in its diamond pavilion at the June Hong Kong Jewellery & Gem Fair, which will take place from June 22 - 25, 2017 at the Hong Kong Convention & Exhibition Centre. In addition, 6 Israeli companies will be exhibiting in other locations throughout the show.
The lounge adjacent to the Israel Diamond Pavilion located in the diamond area in Hall 3BC will feature dedicated Get Diamonds stations, which allow a search in English and in Chinese of all Israeli exhibitors' goods offered at the show. The database will also be accessible on smartphones.
In addition, IDI will launch a special website for the Hong Kong June show with full details of all the Israeli companies participating in the show, including background and contact information, as well as a map of the Israel Diamond Pavilion. The site will go live on June 21, 2017.
IDI Chairman Shmuel Schnitzer says, "We are optimistic about Asia as we have been seeing a definite rise in demand for diamond jewelry in these markets, especially in China. We believe that the long-term prospects for Asia as a market for polished diamonds from Israel are excellent and it remains a key target for our industry." Asia is Israel's second largest market for polished diamonds representing about 30 percent of total polished diamond exports, with the greatest share going to Hong Kong. Israel is also a major supplier of polished diamonds to China, India, Thailand, Singapore, Taiwan, Japan and other Asian markets.