New international art fair supported by UBS cements Taipei's status as key hub for Asian contemporary art.

A new addition to the international art calendar is set to turn collectors' attentions eastwards. Taipei Dangdai, a major new international art fair with a distinct regional flavour, will launch in the Taiwanese capital in January 2019 supported by lead partner UBS.

The fair's deliberate local emphasis will see 80 exhibitors from Asia showing beside a select pool of top-tier global galleries with ties to the region. Lending further weight are the impeccable credentials of both the selection and advisory committees, ensuring rigorous quality across the peer-reviewed exhibitor selection.

The new fair aims to present a dynamic, immediate and up-to-the-minute survey of the Asian contemporary art world, a spirit encapsulated by its title – dangdai means "the present moment" in Mandarin. Similarly fitting is its subtitle, Art & Ideas, reflecting the inclusion of an accompanying programme which seeks to reassert the connection between art and the wider world, convening thought leaders from diverse fields for a series of pertinent discussions.

Alongside its main Galleries presentation, Taipei Dangdai will also offer three exciting dedicated spaces. Young Galleries provides a stepping stone for galleries of promise founded in the past eight years, while Solos offers focused displays by emerging, established and 20th century historical artists. Demonstrating that quality can be found at every price point, the fair's Salon will exclusively feature works priced under USD 8,000, which can be put forward by each participating gallery.

Taipei Dangdai represents a further venture in Asia for the influential cultural entrepreneur Magnus Renfrew, founding director of Art Basel Hong Kong. Taipei proved an obvious choice of venue, boasting, in Renfrew's words, "world-class museums, a vibrant artist community, an internationally recognized biennial, and one of the most sophisticated collector bases in Asia." Taipei Dangdai will add to an already rich arts scene and coincide with the Taipei Biennial, offering visitors an unparalleled opportunity to experience the city's cultural vitality.

Ping Lin, Director of the acclaimed Taipei Arts Museum, welcomed "the dynamism that Taipei Dangdai will bring to the city and to Taipei’s art ecology over the coming years,” while Dennis Chen, Country Head and Head of Wealth Management, UBS Taiwan, hailed its timeliness in the context of "exponential growth of interest in contemporary art in Taiwan."

The full list of exhibitors will be announced in fall 2018, while further details of the accompanying Ideas programme will be released late in the year. Taipei Dangdei opens in January 2019 at the Taipei Nangang Exhibition Center.

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