Gyeonggi Housing and Urban Development Corporation has again topped the country’s public institutions for purchases from small businesses, as it stepped up efforts to widen access to state procurement for certified SMEs.
According to the company and reports in the Korean press, GH held its 2026 Public Procurement Consultation Session at Suwon Convention Centre, bringing together 63 selected firms for around 200 one-to-one meetings with buyers from 14 procurement departments. ...
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The event drew 94 applicants in total, with participants chosen largely from businesses offering products for people with severe disabilities, innovative products and technology development products.
The consultation session, first launched in 2024, has grown each year: 41 firms took part in the inaugural event, rising to 53 in 2025 and 63 this year. GH said the format is designed to create practical sales opportunities rather than one-off networking, helping smaller companies break into a market that can be difficult to access.
The corporation’s procurement record has also stood out nationally. GH reported a small business product purchase rate of 94.7% in 2024 and 94.8% in 2025, placing it first among public institutions for two consecutive years. In its wider procurement spending last year, GH sourced 446bn won in SME products out of total purchases of 470.6bn won, according to earlier reporting in Asiae.
GH has also said it is supporting suppliers earlier in the development process, including by buying innovative SME products from the design stage in major project areas such as Yongin, Ansan and Goyang. The corporation says the approach is intended to help promising manufacturers grow into stronger national competitors while also supporting the regional economy.
GH president Kim Yong-jin said the agency would continue backing technically capable small businesses so they can use the procurement market as a springboard for growth into stronger specialist firms.
Source: Noah Wire Services
