Gyeonggi Province Connects Local Firms with 30 Major General Contractors to Expand Contract Opportunities

84 Local Specialty Contractors Take Part in Consultations
Agreement Planned for Second Half to Expand Local Firms' Participation

Gyeonggi Province arranged a meeting between local specialty contractors and major general contractors to expand opportunities for local firms to win contracts. The initiative aims to support local firms in registering as subcontractors and increase their participation in privately funded construction projects.

Gyeonggi Province is holding a “Win-Win Cooperation Networking Event” at Gwanggyo Hall at the Gyeonggi Business & Science Accelerator on the 8th. Provided by Gyeonggi Province.

Gyeonggi Province held a “Mutual Cooperation Networking Event” at Gwanggyo Hall at the Gyeonggi Business & Science Accelerator on October 8. Thirty major general contractors, including Samsung C&T, and 84 specialty contractors from the province took part.

Held for the first time this year, the event focused on providing consultation and promotional opportunities to help local specialty contractors register as subcontractors for major general contractors. Through consultations, the major general contractors could identify outstanding local firms, while the specialty contractors could introduce their construction capabilities and explore opportunities to work together.

Gyeonggi Province also plans to sign an “Agreement on Win-Win Cooperation and Mutual Benefit to Revitalize Gyeonggi Province’s Regional Construction Industry” with major construction companies in the second half of this year. The province plans to encourage greater participation by local firms in joint contracting and subcontracting for construction projects commissioned by the private sector in the province, and to increase the use of locally produced goods and local workers.

“We will continue to pursue ways for everyone to grow together by building a close-knit cooperation system with relevant organizations, including major general contractors, local specialty contractors and regional construction associations,” said Bae Seongho, director of Gyeonggi Province’s Construction Bureau.

This content was produced with the assistance of AI translation services.