Changwon Special City Expands Participation of Local Construction Companies for Mutual Development

Promoting Over 60% Local Company Participation Rate in Large Construction Sites

[Asia Economy Yeongnam Reporting Headquarters, Reporter Song Jong-gu] Changwon Special City in Gyeongnam is accelerating efforts to achieve a participation rate of 60% or more by local companies in large-scale construction sites to alleviate difficulties in the local construction market.

As measures to expand the participation rate of local companies in large buildings, the city is making multifaceted efforts to revitalize the local construction market, including ▲promoting local company participation during architectural review and building permits ▲holding meetings between local architects and construction contractors ▲sales activities through site inspections ▲quarterly surveys on local company participation rates and analysis of reasons for poor performance and preparation of alternatives.

At private construction sites where the subcontracting rate of local companies is low, the city is raising the subcontracting rate through on-site administration by sending official letters and continuous visit promotions.

By maintaining constant communication with construction sites, building trust, and encouraging the use of local construction materials, labor, and equipment, the city plans to make every effort to achieve the local company participation rate by the end of the year.

Lee Jae-kwang, Director of the Architecture and Landscape Division, said, “The local construction market is facing difficulties due to COVID-19 and rising raw material prices,” and added, “We will focus administrative power on the participation of local construction companies and seek various support measures.”

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