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보도시점	즉시	배포	2024. 9. 26(목)

The 4th Anniversary of Public Procurement Day

Public Procurement Drives Business Innovation and the Future as “A Partner to Businesses, a Light of Innovation, and a Star of the Future”

- PPS is to hold a comprehensive event to support the growth of innovative              companies featuring exhibitions of innovative products, 1:1 consultations with           user institutions, and an IR session

-  Actively pursuing overseas market expansion through events such as the International      Procurement Workshop, an Export Briefing session, and G-PASS Award ceremony

- With 108 awards including the Presidential Commendation presented to               individuals and organizations with outstanding contributions to public procurement.

The 4th Anniversary of Public Procurement Day is to be a chance to renew the resolve towards the vision and role of public procurement in leading corporate innovation and the future as a Partner to SMEs, Start-ups and Innovative Companies

The event is taking place from September 26 to 27 at the Exhibition Hall II of the aT Center in Yangjae-dong, Seoul, under the theme "A Partner to Businesses, a Light of Innovation and a Star of the Future."

The Public Procurement Day (September 30 each year) is a statutory commemorative day designated in 2020 under the 'Government Procurement Act' to increase social awareness and interest in the importance of public procurement and to promote its progress.

* Establishment of Article 8 of the 'Government Procurement Act' (March 31, 2020), designating the opening date of the Korea On-line E-Procurement System (September 30, 2002) as 'Public Procurement Day.

More than 100 attendees are expected at the opening ceremony, including former heads of the Public Procurement Service(PPS), representatives from economic organizations, and officials from overseas procurement agencies.

And the New-growth Product Exhibition showcasing over 80 government-designated innovative products will be held concurrently, highlighting outstanding technological capabilities and achievements in improving public services.

In particular, the exhibition will feature products, including from those ODA-funded(Korea International Cooperation Agency) and the Tech Market (Ministry of Economy and Finance and Korea Expressway Corporation), developed through government-wide collaboration, allowing attendees to experience them firsthand. Additionally, products from successful startups that have secured investments during Investor Relation sessions with policy financial institutions such as Industrial Bank of Korea and D.CAMP will also be on display.

Various events have been organized to facilitate market access both home and abroad for the designated innovative products. These include one-on-one consultations with user institutions, briefings on the demonstration purchase system for the innovative products, export coordination initiatives, and investment presentations, all aimed at supporting market access through public procurement.

In addition, 108 awards, including the Presidential Commendation, will be presented to individuals and organizations such as public institutions and businesses that have contributed to public procurement. On top of that, winners of the innovative idea competition for public demand, aimed at elementary, middle, and high school students, will also be recognized.

* Presidential Commendations (6 awards), Prime Minister's Commendations (6 awards), Minister of Economy and Finance Commendations (20 awards), Minister of Education Commendations (3 awards), and Administrator of Public Procurement Service Commendations (72 awards).

At the 'Innovative Product Public Procurement Competition,' seven public institutions and eight innovative companies will present cases of improving public services through innovative products.

To support the "Growth Ladder for Startups," PPS will host the "Scouter Demo Day," an initiative where the private sector leads the discovery of inventive products outside the procurement market with public participation for designating genuinely inventive products. Additionally, an IR session with the IBK Changgong will be held in support of innovative companies

Moreover, under the theme 'K-Public Procurement Going Global,' the international procurement workshop and training for KONEPS-adopting nations will be held with procurement officials from 14 countries, including Uzbekistan, to strengthen Korea's global leadership in the governmenr procurement sector. Various events will also take place to support the entry of procurement companies into overseas markets, including a G-PASS award ceremony and briefings on related initiatives.

* G-PASS company :‘Government Performance ASSured’ company

Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok stated in a video message, "The scale of public procurement in Korea has grown into a substantial market, accounting for 9.3% of its Gross Domestic Product (GDP). Through strategic public procurement, the government will actively support the nurturing of innovative companies, the protection of vulnerable groups in society and of the environment, and the response to supply chain challenges."

Song Eon-seok, the Chairman of the National Assembly's Strategy and Finance Committee, delivered a video message stating, "We will spare no effort in ensuring that public procurement becomes a strong supporter of regional community development and the national economy."

Lim Ki-keun, Administrator of the Public Procurement Service, stated, "Marking the 4th anniversary of Public Procurement Day, I would reaffirm that the true owners of procurement policies are the businesses that continuously strive for technological development. Public procurement will actively beef up their growth through collaboration."

He also stated, "PPS will take the lead in ensuring that the innovative spirit of our companies, combined with government support, grows into a shining light of innovation that can elevate them to become global unicorns–stars of the future."