KOTRA and Public Procurement Service Hold 'UN Plaza'... Matching Korean Companies with Suppliers from 13 Countries

Held from 22nd to 24th... "Seeking to Expand Entry into Major UN Agency Procurement Markets"

[Asia Economy Reporter Moon Chaeseok] KOTRA announced on the 21st that it will jointly host the '2022 United Nations (UN) Procurement Plaza' with the Public Procurement Service. The event aims to explore the expansion of entry into major UN agency procurement markets and provide cooperation opportunities between Korean companies and suppliers from 13 agencies, including Denmark.

The event, held online for three days from the 22nd to the 24th, will be attended by 97 domestic companies interested in the UN procurement market. Procurement officers from five major UN agencies, including the United Nations Procurement Division (UNPD), United Nations Office for Project Services (UNOPS), Pan American Health Organization (PAHO), United Nations Office at Nairobi (UNON), and International Organization for Migration (IOM), as well as specialized vendors with a history of supplying to the UN, will explore potential business cooperation opportunities.

On the first day, an online briefing session on the UN procurement market will be held. Five procurement officers will share with Korean companies the current status of the UN procurement market, procurement policies and directions, participation methods, agency-specific details, and advice on market entry. A group consultation session between procurement officers and domestic companies will provide an opportunity to share information. Networking opportunities with procurement officers will also be arranged.

The online consultation will continue until the 24th. During the consultation, 13 UN supplier companies representing countries such as Denmark, South Africa, Austria, Saudi Arabia, Ethiopia, and Argentina will discuss specific cooperation possibilities with promising domestic companies.

The main consultation items include medical devices, diagnostic kits and reagents, pharmaceuticals, agricultural tools and machinery, construction materials and equipment, various relief supplies, military supplies, solar panels, health supplements, fire and safety management products, and defense materials (bulletproof vests, helmets). Additionally, five innovative procurement companies will hold an 'Innovative Product Technology Briefing' to introduce their products and technologies to UN procurement officers.

Jung Wooyoung, Head of KOTRA's Innovation Growth Division, said, "The UN procurement market has high entry barriers and is a challenging stage for our companies, but once entered, it can enhance trust in products and services and create other business opportunities." He added, "We will continue to support our companies to expand their presence in overseas public procurement markets after COVID-19."

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