93 Israeli Cos. to Participate in March HK Show

idi-logoRamat Gan: The Israeli Diamond Industry is preparing a major presence at HKTDC’s Hong Kong International Diamond, Gem & Pearl Show this March. The Israel Diamond Pavilion, organized by the Israel Diamond Institute Group of Companies (IDI), will host 93 companies. There will also be 10 Israeli companies exhibiting in other locations throughout the show. Among the Israeli exhibitors there will be six companies that are participating in this show for the first time.

The Israel Diamond Pavilion which will measure 1,332 square meters, will once again be located at the Diamond Hall at the Asia World-Expo. Within the pavilion IDI will host a spacious lounge with refreshments throughout the day and three “Find Your Diamond” terminals. The popular system enables buyers to search a computerized database of all goods offered by Israeli exhibitors at the show. It will be offered in both English and Chinese, and buyers will be now be able to access it on their smartphones as well.

The Israeli exhibitors will be presenting diamonds of all shapes and sizes, with several companies showing very large and important stones and fancy colored diamonds. Moreover, many of the exhibitors will also be showing specially designed pieces of diamond jewelry.

Hong Kong is Israel’s second largest market for polished diamonds, representing close to 30% of total polished diamond exports. In addition to Hong Kong, Israel supplies polished diamonds to China, India, Thailand, Singapore, Taiwan, Japan, Australia and other Asian markets.

The Israeli Diamond Industry is cautiously optimistic about the success of this show for Israeli exhibitors. IDI Chairman Shmuel Schnitzer said, “Hong Kong is a very important market for us since it is the gateway to Asia. Despite the current slowdown in China, we believe in the future of this market and we’re there to show our support.” He added, “As the “opening show” for 2016 this show is a very important place for us to be. In the past few weeks we have seen that demand is picking up and we are optimistic that 2016 will be better than the previous year.” Schnitzer said that IDI would again be participating in four trade shows in Hong Kong this year – in March, June, September and November.