POSCO International Supports Small and Medium Enterprises' Overseas Expansion with Jungjin Gong
POSCO International is taking the lead in supporting small and venture businesses in developing overseas sales channels together with the Small and Medium Business Corporation.
POSCO International announced on the 5th that it held the 'Export Voucher Participating Companies Thailand Export Consultation Meeting' with the Small and Medium Business Corporation (hereinafter referred to as SBC) in Bangkok, Thailand. At the event, POSCO International conducted one-on-one export consultation matching activities between domestic small businesses and local Thai companies.
POSCO International has built expertise in establishing overseas market channels with a global network of over 80 bases in 46 countries. Since 2014, it has been actively supporting small and venture businesses struggling with exports by operating as a 'Specialized Trading Company' designated by the Korea International Trade Association.
POSCO International and SBC comprehensively considered market demand, product competitiveness, and the possibility of matching with buyers to select 12 domestic strong small companies including CK World, Korea Water Technology, and Reset Company. The selected companies conducted export consultations with about 40 local companies in Thailand, including PTT, the largest energy company in Thailand, and Gulf Energy Development, the largest private power producer.
Jeon Se-jeong, CEO of Korea Water Technology, said, "Through this consultation meeting, we realized that a market related to our products is forming in Thailand," adding, "We plan to achieve our first export to Thailand by continuously cooperating with buyers."
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Park Cheol-ho, Director of the Corporate Citizenship Office at POSCO International, who prepared this export consultation meeting, said, "I understand that many small and venture businesses face difficulties in exports due to a lack of recognition and networks in the global market," and added, "We will practice POSCO's corporate citizenship management philosophy through coexistence with small and venture businesses."
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