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Diamond industry to shine at Macau Jewelry and Watch Fair
Jan '09
The Israeli Diamond Industry is once again planning a significant presence at the Macau Jewellery & Watch Fair, which is held for the second time from January 8-11, 2009 at the Cotai Strip Convention and Exhibition Center at the Venetian Macao Hotel.

This year Israeli companies will be exhibiting at the show – both as independents and as part of the Israel Diamond Pavilion hosted by the Israel Diamond Institute Group of Companies (IDI). The show is expected to attract Chinese buyers, and the Israeli participation in this show is due to the great interest of the Israeli Diamond Industry in the Chinese market.

The Israeli Diamond Industry, led by IDI, has affirmed China as a major priority and has taken many steps to strengthen the ties between the Israeli and Chinese diamond industries. To that end, IDI operates the IDI Asia Pacific office in Hong Kong as well as a comprehensive portal site in Chinese – www.israelidiamond.co.il , geared to providing up to date information and news for the Chinese diamond and jewelry industry. IDI has also expanded its participation in trade fairs in China to include, in addition to the Macau show, trade shows in Hong Kong, Shanghai and Shenzhen.

Moti Ganz, Chairman of IDI, and President of the Israel Diamond Manufacturers Association, as well as the International Diamond Manufacturers Association, stressed the importance of the Chinese market to the Israeli industry. He said: "We greatly value our strategic partnership with the Chinese diamond industry. It underscores our belief in the huge potential of the Chinese market for diamonds and diamond jewelry. Through participation in the Macau Fair our companies are showing their commitment to developing business ties with this market.”

Israel Diamond Institute Group of Companies (IDI)

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