ECONOMY

Wonju to give preferential contracts to firms with local production facilities

by
Ham Young-hun
Published : Nov. 9, 2026 - 10:09:25
    • Copy Completed!

View Korean Original

An industrial complex in Wonju
An industrial complex in Wonju

Wonju will begin giving preferential treatment in discretionary procurement contracts to companies that have invested in production facilities within the city and manufacture goods at those factories.

Before awarding any contract, the city will review a production checklist for each item and verify in advance whether the supplier actually holds and operates manufacturing facilities and equipment within Wonju.

The measure is aimed at encouraging greater investment in Gangwon Special Self-Governing Province and Wonju.

Companies will be required to submit a "direct production pledge and performance commitment" at the contract stage, and the city plans to conduct regular checks on production staffing levels and manufacturing processes throughout contract performance to strengthen the system's effectiveness.

The city expects the policy to spur voluntary investment in production equipment, generate tangible local employment and boost manufacturing activity — contributing to the revitalization of agro-industrial complexes and a virtuous cycle for the local economy.

Wonju will hold an information session on the new policy — titled "2027 Agro-Industrial Complex Production Goods Discretionary Contract Direct Production Verification Reinforcement New Policy Briefing" — at 3 p.m. Nov. 18 at the main auditorium of the Agricultural Technology Center.

Seo Jae-heung, head of Wonju's accounting division, said the measure was not intended to tighten regulation on businesses, but to ensure that companies genuinely investing in local production and contributing to the regional economy receive proper preferential treatment in the public procurement market. "We will continue to build a trustworthy public procurement environment where local production companies can grow through fair competition," Seo said.


abc@heraldcorp.com
This content was produced with the assistance of AI translation services.

MOST READ