Mr. Kim Chungwoo, Administrator of the Public Procurement Service(PPS) virtually hosted the 1st Public Procurement Policy  Seminar on Jan. 28th.

□The procurement policy seminar was held as a platform for discussion on major domestic and international issues in government procurement

○The seminar was themed as “Warmhearted Procurement Embracing Social Value” and composed of presentations by three experts and the panel discussion.

○Mr. Lee Sanghoon, research director of the Korea Institute of Procurement (KIP) made the first presentation entitled - the current state of social value reflected in public procurement and its implications, explaining social value in the government procurement of Korea and proposing enhancement measures.
 

○Mr. Kang Heehoon, director of the International Cooperation Division, PPS, described Britain’s Social Value Model as a pertinent overseas case.

○Prof. Lee Jihwan, of the Korea Advanced Institute of Science and Technology, KAIST, explained corporate management reflecting social value, emphasizing the role of businesses.

□ At the panel discussion presided over by Prof. Kim Jaegoo of the Myoungji University, panelists agreed on the significance of public procurement in realizing social value, advising on policy aspects. In particular, panelists put an emphasis on an environment where socially contributing businesses can easily join the public procurement market and their supply capacity can be enhanced.

□ Administrator Kim said, “Cost used to be a main factor for consideration in public procurement but recently social values such as welfare, the environment and safety are increasingly taking core parts of public procurement,” adding “PPS will shape a system to draw more socially contributing companies into government procurement markets and create a virtuous cycle where a growing number of companies generate social values.”