Busan Launches Real-Time System to Boost Local Procurement by Public Agencies

Discussion on Raising Priority Purchase Target for Local Goods Real-Time Monitoring and Chatbot Demonstration for Public Contracts Strengthening Public Agency Roles and Cooperation System Expected

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By Cho Won-jin
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Data flow chart of Busan's public contract monitoring system. Photo courtesy of Busan Metropolitan City - Seoul Economic Daily Society News from South Korea
Data flow chart of Busan's public contract monitoring system. Photo courtesy of Busan Metropolitan City

Busan is launching a real-time management system to expand purchases of local company products by public agencies relocated to the city's innovation district. The plan aims to link the purchasing power of public agencies with regional economic revitalization, broadening sales channels for local businesses.

The Busan Metropolitan Government said it will hold a meeting at City Hall on Wednesday to discuss measures to raise the priority purchase target rate for local goods among public agencies relocated to the Busan Innovation City.

Department heads in charge of priority purchasing at 13 public agencies relocated to the Busan Innovation City will attend the meeting. The city plans to introduce the local goods priority purchase system, share each agency's purchase performance over the past three years and this year's targets, and intensively discuss measures to expand purchases of local company products.

In particular, the city will unveil the "Public Contract Real-Time Monitoring System," which it built last month as the first of its kind in the country. The system is designed to analyze and manage public agency contract details in real time by linking with public data from the Public Procurement Service. The city expects the system will allow more systematic review of local company product purchases and improve target management efficiency.

The city will also demonstrate a chatbot service related to public contracts that is scheduled for release. The measure is intended to help working-level officials at public agencies use information on local product purchase procedures more easily and quickly.

Participating agencies will share their priority purchase progress and field difficulties at the meeting, and discuss the possibility of raising target rates, cooperation measures among agencies, and ways to expand the discovery of local company products.

The city plans to strengthen the cooperation system through additional meetings to review each agency's progress and share best practices.

"Priority purchase of local goods by relocated public agencies is a key policy tool for strengthening the competitiveness of local companies and revitalizing the regional economy," said Yoon Jeong-no, planning officer of the city. "We will produce tangible results in expanding purchases through cooperation with public agencies."

Original reporting by Cho Won-jin for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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