Junggi Junganghoe, Im Gi-geun Procurement Service Chief Invited to SME Entrepreneurs Meeting

The Korea Federation of Small and Medium Business (Kbiz) announced on the 19th that it held a 'Meeting with Small and Medium Business Owners Invited by Procurement Administrator Lim Gi-geun' at the Kbiz headquarters in Yeouido.

This meeting was organized to promote institutional improvements through addressing difficulties faced by small and medium enterprises (SMEs) related to public procurement policies. From the SME sector, 17 chairpersons of related cooperatives, including Kim Ki-moon, Chairman of Kbiz, and Kim Han-young, Chairman of the Korea PC Concrete Culvert Industry Cooperative, attended. From the Public Procurement Service, Procurement Administrator Lim Gi-geun and Director Kwon Hyuk-jae of the Purchasing Business Bureau participated to listen to the vivid field difficulties of SMEs and jointly seek improvement measures.

The small and medium business owners attending the meeting conveyed field requests including ▲ raising the amount criteria for MAS Phase 2 competition and the minimum price proposal rate ▲ introduction of a public procurement-type delivery payment linkage system ▲ improvement of excessive sanctions on dishonest contractors ▲ postponement of the implementation of the upper limit system on cooperative performance for ready-mixed concrete.

Kim Ki-moon, Chairman of Kbiz, said, “In 2023, SMEs supplied 135 trillion won, accounting for 64.6% of the 208 trillion won public procurement market, making the public procurement market very important for SMEs,” and added, “SMEs face many difficulties such as securing appropriate prices and excessive sanctions during procurement contracts, so institutional improvements should be made based on the opinions from the SME field.”

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