Incheon City Council Passes 'Local Product Priority Purchase Ordinance'... First Among Metropolitan Governments

Kim Jong-deuk, Chairman of the Culture and Welfare Committee of Incheon City Council [Provided by Incheon City Council]

[Asia Economy Reporter Park Hyesook] For the first time among metropolitan local governments nationwide, a legal basis has been established for the priority purchase of local products by public institutions within the Incheon area.

The Incheon City Council announced on the 24th that the "Ordinance on the Priority Purchase of Local Products in Incheon," which was proposed by Kim Jongdeuk, Chair of the Culture and Welfare Committee, recently passed the 2nd plenary session of the 282nd extraordinary meeting.

The ordinance stipulates related matters to promote the priority purchase of local products when Incheon public institutions purchase goods, services, and construction necessary for their demand.

The ordinance includes ▲ establishment and implementation of policies to promote the priority purchase of local products ▲ provision of information and cooperation for the priority purchase of local products ▲ formation and operation of a public procurement working council.

Kim Jongdeuk, Chair of the Culture and Welfare Committee, said, "For the first time among metropolitan local governments nationwide, we have enacted an ordinance establishing the legal basis for the priority purchase of local products by public institutions within the region." He added, "Since most of the public institutions subject to the ordinance are operated with Incheon City’s budget, it is expected to help prevent budget outflow outside the region and revitalize the local economy through a virtuous cycle of consumption within the region."

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