Gwangju City to Issue Public Construction Projects Worth 740 Billion Won This Year...Publication of Booklet

Including Construction Name, Order Timing, and Project Cost Over 100 Million Won

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 17th that it will issue a total of 463 public construction projects worth 740 billion KRW this year.

In particular, Gwangju plans to increase the participation rate of local construction companies in construction projects within the city and revitalize the local construction industry by producing a booklet of this year's public construction project plans and distributing it to about 500 construction companies.

The booklet contains detailed information on construction projects worth over 100 million KRW ordered by Gwangju City, autonomous districts, public corporations and foundations, the City Office of Education, and the LH Gwangju-Jeonnam Headquarters, including project names, order timing, types of work, construction costs, and implementing departments.

Gwangju will place the booklet in the construction departments of autonomous districts, the Korea (Specialized) Construction Association, and other related organizations, and plans to make it available as basic data for local construction companies' business activities through posting on the Gwangju city website, text messages, and social network service (SNS) notifications.

This booklet is expected to help local construction companies in establishing their annual business plans and preparing for bid participation.

Park Nam-eon, Director of the Transportation and Construction Bureau of the city, said, "As the construction market has been sluggish due to the prolonged COVID-19 pandemic, we hope this project plan information will be of some help to local construction companies in their contract acquisition activities," adding, "We will continue to expand support policies to strengthen the competitiveness of local construction companies."

Meanwhile, Gwangju annually surveys public construction project plans within the city to support local construction companies' contract acquisition activities and provides the information to local construction companies and related organizations, while strengthening communication to expand the information needed by local construction companies.

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