Business · Companies · 1 hr ago

South Korean agencies help seven road-safety firms seek buyers

South Korean agencies help seven road-safety firms seek buyers

Two South Korean transport agencies held a buyer-matching event for small businesses in the road-safety sector.

The event took place at the Korea Road Traffic Authority’s Seoul branch and included seven firms registered on a small-business technology marketplace after receiving certification from the agencies.

The firms presented their products and discussed possible purchases with procurement staff from both agencies.

The agencies also assessed whether the products could be used in practice and offered advice on improvements.

The support aims to widen firms’ access to public contracts and overseas markets, with guidance on export partnerships, support programs and unused patents.

The agencies said they plan to continue helping companies enter public markets, improve their technology and expand abroad.

1 source

Related

What people are saying

Korea Road Traffic Authority officialAgency representative
As this is the first sales-channel support event jointly organized by the two agencies, we will continue supporting public-market entry, technical competitiveness and overseas expansion.
via Yonhap