Public Procurement Service Announces Bids for 78 Construction Projects Including 'Pohang-Andong National Road Construction'
Status data on regional restrictions and regional obligation joint contracts by region. Provided by Public Procurement Service
View original image[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Public Procurement Service announced on the 13th that it will conduct bids for 78 construction projects worth approximately 432.4 billion KRW, including the 'Pohang~Andong 1-1 National Road Construction Project (Section 2),' from the 14th to the 18th.
Among the scheduled projects, 68 will be conducted as region-restricted bids or projects requiring mandatory joint contracts with local companies.
Through this, the Public Procurement Service expects that local companies will win contracts worth about 211.8 billion KRW, accounting for 49% of the total construction payment.
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By region, Gyeongsangbuk-do has the largest order volume at 153.9 billion KRW, followed by Seoul with 95 billion KRW, and Gyeonggi-do with 37 billion KRW. Additionally, a total of 146.5 billion KRW will be ordered in other regions.
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