Daegu City Holds Briefing on 'Public Construction Orders' for Construction Industry … 38 Sites Over 10 Billion Won

Aerial view of Suseong-gu, a densely populated apartment area in Daegu.

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] On the 20th, Daegu City held the '2021 Large-scale Public Construction Project Ordering Plan Briefing' via a non-face-to-face video conference targeting the local construction industry.

The briefing, prepared to improve the profitability of local construction companies and strengthen bidding competitiveness by securing large-scale construction achievements, was attended by heads of large public construction project ordering departments from Daegu City and public institutions, as well as representatives from the local Construction Association, Specialized Construction Association, and Mechanical Equipment Construction Association.

The large-scale public construction projects worth over 10 billion KRW scheduled to be ordered by public institutions in the Daegu area include 38 projects such as the installation of the sewage trunk pipeline in the Sincheon treatment area and the construction of the Joya~Dongmyeong arterial road. Among these, six projects are large-scale public construction projects worth over 50 billion KRW.

Despite the unprecedented enthusiasm for sales in recent years leading to a significant increase in order volumes such as private multi-family housing projects in the region, local construction companies are facing difficulties in winning bids due to preferences for famous brands.

In this regard, the ordering departments were requested to implement protective measures for local companies, including local-restricted bidding for public construction projects, prioritizing mandatory joint contracts with local companies, mandatory consultation on measures such as project division, and increasing the subcontracting rate for local companies.

According to Daegu City, this shows a strong commitment to vigorously promote step-by-step support measures for public construction projects as part of the 'Support Plan by Construction Project Type and Stage to Expand Orders for Local Construction Companies' established in September last year.

Hong Eui-rak, Deputy Mayor for Economic Affairs of Daegu City, stated, "I hope this large-scale public construction project ordering plan briefing will serve as an opportunity for Daegu City, public institutions, and the local construction industry to move forward on the path of mutual cooperation based on communication."

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