Geochang-gun Selected as an Excellent Institution in Regional Construction Industry Revitalization Evaluation

Secured 150 Million KRW Financial Incentive as the Top Military Unit

Geochang-gun, Gyeongnam Province, announced on the 21st that it was selected as the top county in the evaluation of support performance for local construction companies' orders, conducted by Gyeongsangnam-do targeting 18 cities and counties, securing a financial incentive of 150 million KRW.

The evaluation of support performance for local construction companies' orders was implemented for the first time this year to promote the development of the local construction industry. Outstanding institutions were selected based on performance evaluations such as the local companies' subcontracting rate, operation of subcontracting task forces, ordinance amendments, subcontracting management, signing of memorandums of understanding (MOU), sending of official letters, and holding of meetings.

Selected as an Excellent Institution in the Evaluation of Revitalizing the Local Construction Industry in Geochang-gun.

The county has been dedicated to revitalizing the local construction industry through effective measures such as sending official letters for the mutual development of local construction companies, amending the "Geochang-gun Local Construction Industry Revitalization Promotion Ordinance," and promoting explanatory meetings with stakeholders during construction site visits.

County Governor Gu In-mo stated, “As the construction market in both private and public sectors declines due to the ongoing economic downturn and the difficulties faced by construction companies increase, we will actively discover policies to strengthen the competitiveness of local construction companies and expand their participation in projects, and continue to provide the best administrative services.”

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