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Busan Metropolitan City Launches Full-Scale Efforts to Expand Preferential Purchasing of Local Products by Relocated Public Institutions

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Busan Metropolitan City, under Acting Mayor Kim Kyung-duk, announced that it will hold a meeting today (May 15) at 2:00 p.m. in the conference room on the 8th floor of City Hall to discuss measures for improving target achievement rates for preferential purchasing of local products by relocated public institutions.

The meeting has been organized to enhance understanding of the preferential purchasing system among relocated public institutions in Busan Innovation City and to explore ways to expand purchases of products from local companies by sharing each institution’s purchasing performance and targets.

The meeting will be chaired by the City Planning Officer and attended by department heads responsible for preferential purchasing from 13 relocated public institutions in Busan Innovation City.

The agenda will include an overview of the preferential purchasing system for local products, reports on each institution’s purchasing performance over the past three years and targets for 2026, sharing of implementation status by institution, and discussions on measures to improve target achievement rates.

In particular, the city plans to introduce and demonstrate the “Real-Time Public Contract Monitoring System,” which was established by Busan Metropolitan City last month as the first of its kind nationwide. The system is linked to Public Procurement Service data to enable systematic management of public institutions’ contract records.

In addition, the city will unveil a forthcoming chatbot service related to public contracts, providing guidance on how public institution staff can more easily and efficiently utilize information related to the purchase of local products.

Participating institutions are expected to share their current implementation status and challenges regarding preferential purchasing and exchange opinions on practical measures to improve target achievement rates and establish inter-institutional cooperation systems.

Busan Metropolitan City plans to use this meeting as an opportunity to expand interest and participation in the preferential purchasing system among relocated public institutions and continue consultations so that each institution can independently review the feasibility of raising its target rates.

The city also plans to strengthen cooperative frameworks for expanding market opportunities for local companies and revitalizing the regional economy by conducting follow-up meetings to review institutional progress and share best practices.

Yoon Jeong-no, City Planning Officer of Busan Metropolitan City, stated, “Preferential purchasing of local products by relocated public institutions is an important policy tool for strengthening the competitiveness of local companies and revitalizing the regional economy,” adding, “Busan Metropolitan City and relocated public institutions will continue working together to achieve tangible results in expanding purchases.”