Public Procurement Service Provides Early Support for Procurement Export 'Voucher'... "Expanding Export Momentum"

The Public Procurement Service announced on the 25th that it will implement a customized comprehensive support project for entering the overseas procurement market (hereinafter referred to as the Procurement Export Voucher) starting this month.

The Procurement Export Voucher was introduced last year to provide close support to companies needing assistance in the processes of entering, contracting, delivering, and after-sales management in the overseas procurement market.

Through this project, the Public Procurement Service supported 47 companies last year by providing customized services (70 types) to help small and medium procurement companies enter the overseas procurement market. The services provided included bid (or vendor) registration, bid and contract document preparation, certification and standard acquisition, prototype production, logistics and customs clearance, marketing, legal support, and many other items necessary for companies entering the overseas procurement market.

This year, the plan is to recruit participating companies in January, about five months earlier than last year, and start the project from this month to enable proactive and systematic responses to export uncertainties.

Among the companies selected last month, many innovative companies in fields such as eco-friendly products, disaster and safety, and healthcare were included. From the service demand side, applications for prototype production, buyer discovery, bidding and registration have increased, and the types of services have diversified to include consultations related to logistics, customs clearance, and certificate of origin.

Jeon Tae-won, Planning and Coordination Officer of the Public Procurement Service, said, “The Public Procurement Service plans to quickly deploy the Procurement Export Voucher in the first half of the year in line with the government's emergency export measures in response to changes in the trade environment. We will focus on resolving the difficulties of procurement companies so that they can turn the crisis into an opportunity and pioneer the global procurement market as a new export market.”

This content was produced with the assistance of AI translation services.