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Business Gem & jewellery International Jewellery Show
- 2007:
Lanka dazzles in Singapore
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Coloured Gem stones
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A record number of exhibitors and visitors at the Singapore
International Jewellery Show - 2007 (SIJS) held from August 23 - 26 at
the ‘SUNTEC’ Singapore International Convention and Exhibition Centre.
The event was a success with both exhibitors and buyers reporting an
increase in business transactions during the four day Show.
The 2007 edition was the largest in the Show’s three year history and
set records in terms of visitors, exhibitors and exhibition space.
The Show boasted over 148 Booths including leading jewellers in
Singapore and Asian countries and six International Pavilions
representing the broadest range of product categories, the utmost
convenience and superior amenities.
Singapore’s jewellery sector is an important component of their
retail industry. There are about 750 jewellery retailers in Singapore
yet they contribute more than $1.4 billion in revenue.
Jewellery is also one of the top three items purchased by tourists in
Singapore.
The organizers of “SIJS” granted the status of “Country Partner” to
Sri Lanka which gave worldwide publicity to the country as the Sapphire
Capital of the world.
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A gem studded necklace at the recent Facets show |
The “Sri Lanka Pavilion” at ‘SIJS’ was organised by National Gem and
Jewellery Authority (NGJA) for the first time. The “National Pavilion”
which displayed a glittering array of gems and jewellery from Sri Lanka
presented by seven members of the trade, attracted buyers from Singapore
and other leading consuming countries.
The members of the “National Pavilion” were successful in transacting
business and establishing its position as the leading producer of fine
quality Blue Sapphires to the global market.
A few important buyers accepted the invitation extended by ‘NGJA’ to
visit “Facets” Sri Lanka in September 2008.
Minister of Enterprise Development & Investment Promotion Dr. Sarath
Amunugama, opened the exhibition together with Minister of State for
Trade and Industry, Singapore Lee Y Shyan.
Dr. Amunugama said Singapore and Sri Lanka enjoy a strong and
friendly relationship based on cultural and traditional values for years
which has evolved in to a significant Economic and Commercial
partnership.
He said that both countries are entering a new era of co-operation
with trade relations being further enhanced to tap the immense potential
that exists. Dr. Amunugama added that he has urged the Sri Lankan gem
and jewellery sector to target US$ 1 billion exports; assuring the
continued support of the Government in achieving this objective.
 Singapore’s imports of gems and jewellery from Sri Lanka has
increased by 26% in 2006 as compared to previous year. The major
contributor to this growth was Gem studded jewellery that touched Rs.
116.0 million in 2006. Singapore’s imports from Sri Lanka in this sector
constitutes of gemstones and gem and diamond studded jewellery.
Participants in the “Sri Lanka Pavilion” were:
Ruby N’ Sapphire (Pvt) Ltd., South Lanka Gems and Jewellery, Prasanna
Gem Centre, Nemlanka Jewellers, The Choice and Blue Duke International (Pvt)
Ltd.
As a part if it’s expanded promotional programme ‘NGJA’ plans to
organise “National Pavilions” at following international events this
year.
(a) Bangkok Gem and Jewellery Show(18-22 September)
(b) Hong Kong Jewellery and Watch Fair (25-29 September)
(c) Malaysia International Jewelex (4-7 October)
(d) China International Gold, Jewellery & Gem Fair - Shanghai (29th
November - 2nd December).
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