Changwon City Conducts 'Public-Private Joint Sales' to Revitalize Local Construction Market

On the 22nd, Changwon City in Gyeongnam conducted a public-private joint sales campaign at construction sites worth over 10 billion won together with the Changwon branch of the Korea Specialty Contractors Association Gyeongsangnam-do Chapter. (Photo by Changwon City)

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] Changwon City in Gyeongnam announced on the 23rd that it conducted a public-private joint sales campaign at construction sites worth over 10 billion won together with the Changwon branch of the Korea Specialty Contractors Association Gyeongsangnam-do Chapter and the Changwon branch of the Construction Machinery Individual Business Operators Council Gyeongsangnam-do Chapter.

The event took place on the 22nd, and since 2017, the city has been visiting large private construction sites to encourage the use of local companies' manpower and equipment in order to prevent the decline of subcontracting rates among small and medium specialty construction companies in the area.

Through meetings with construction site stakeholders, the city gathered difficulties faced on-site and discussed ways to revive Changwon's construction economy, which has a lower subcontracting rate compared to neighboring regions, by promoting the use of local companies and local materials and equipment.

Going forward, the city plans to continue subcontracting sales activities by visiting large construction sites in the area to improve subcontracting performance of local companies and encourage the use of local materials and equipment.

Lee Kyung-yong, Director of the Construction and Road Division of Changwon City, said, “Local construction companies are facing many difficulties due to the prolonged downturn in the construction market and the adverse effects of COVID-19. We ask for active cooperation so that many local companies can participate in large construction sites to overcome these challenges.”

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