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Korea targets $2tr global procurement market with new support
April 28, 2026
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South Korea is looking to use public procurement as a launchpad for global expansion by increasing support for exporters looking to break into international markets. The Public Procurement Service has expanded funding for overseas pilot projects to help companies build up an overseas track record. It has also increased availability of export vouchers, which companies can use to pay for a range of support services.
The move aligns with the agency’s broader strategy to use public purchasing powe
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
Bias: center
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