Israel to Have Largest Diamond Pavilion at Hong Kong June Fair

The Israel Diamond Institute Group of Companies (IDI) will host the largest diamond pavilion at the June Hong Kong Jewellery & Gem Fair, which will take place from June 20 - 23.

The pavilion will feature 70 diamond companies, some of whom are participating in this show for the first time. There are also 10 Israeli companies exhibiting throughout the show. This is the third time that IDI is organizing a national pavilion at this show.

The Israel Diamond Pavilion is located in Hall 3FG, with a few IDI exhibitors at the hall entrance. IDI’s information booth is located at 3G406 at the entrance to the pavilion. It will provide printed information and background on the Israeli diamond industry and will help buyers find their way through the pavilion.

Asia is Israel’s second largest market for polished diamonds representing at least 35 percent of total polished diamond exports, with the greatest share going to Hong Kong. Last year Israel’s polished diamond exports to Hong Kong totaled $1.6 billion.

IDI Chairman Moti Ganz said that the large turnout of Israeli companies at this show testifies to the importance that the Israeli Diamond Industry attributes to Hong Kong, a vital and growing diamond market. “Hong Kong, as a gateway to Asia, has become a major marketing focus for the Israeli Diamond Industry. We believe in the economic future of this region and the growth in demand for diamonds and diamond jewelry here. We’re pleased that the Israeli industry is playing an important role in supplying this demand.”

IDI Managing Director Eli Avidar said, “IDI organizes national diamond pavilions at three trade shows in Hong Kong every year and we are seeing great interest on the part of Israeli companies to participate in these shows. Moreover, scores of Israeli companies have set up offices in Hong Kong. Our office there works closely with them and also serves as a “home away from home” for the many Israeli companies that send representatives to Hong Kong on a regular basis.”

Avidar added that IDI’s Chinese-language diamond portal site is the only one of its kind and is instrumental in enabling direct contacts between the two countries.