	Press Release

Facilitating New Economic Growth

from Overseas Procurement Markets

During a visit to RexGen Co., a leading exporter of innovative technologies, PPS AD Kim explored measures to support domestic suppliers to join overseas procurement markets after attentively hearing their challenges and recommendations

The Public Procurement Service (PPS) is committed to supporting domestic suppliers in their efforts to enter foreign procurement markets and expand exports, which is a driving force behind the Korean economy.

On July 20th, PPS Administrator Kim Yoon-sang visited RexGen, located in the city of An-yang, Gyeonggi-do, to listen to their difficulties and recommendations regarding export activities. Administrator Kim also took a close look at the production process of the CCTVs scheduled for export.

RexGen is a manufacturer of an AI-based smart traffic control system known for its remarkable technologies and quality. As a result, some of its products have been designated as an Innovative Product as well as an Excellent Government Procurement Product.

The tech firm is actively venturing into overseas markets, having secured an export contract worth 16 million USD for their license plate recognition CCTV system with the city of Dushanbe, Tajikistan.

Oh Yeong-jun, CEO of RexGen, recommended that PPS enhance measures to assist technologically proven companies in entering foreign procurement markets, including through overseas demonstration opportunities under the Innovative Product Pilot Purchase system.

"The Korean Government is fully committed to increasing exports, as they play a crucial role in overcoming economic challenges," said Administrator Kim, adding, "PPS will attentively hearing the voices of suppliers and explore supportive measures to invigorate their efforts to expand into overseas procurement markets."

담당 부서	기획조정관	책임자	과 장	황외석	(042-724-7554)
	기획재정담당관	담당자	사무관	김춘성	(042-724-7521)