Company “G,” a COVID-19 diagnosis kit manufacturer in Cheonan, Chungcheongnam-do, obtained “Level 2 (optimum purchase, no amount limit),” the highest grade given by the “United Nations Global Marketplace (UNGM),” and secured marketing routes of the UNGM.
This had been a performance achieved with the cooperation of the Chungcheongnam-do Province, which foresaw the world's attention to the performance of K-quarantine, together with the Ministry of Foreign Affairs (MOFA) and the Public Procurement Service (PPS) for Company G's advancement into the UNGM.
The UNGM is a marketplace that reaches KRW 22 trillion a year as of 2018, which is increasing year-over-year. Based on
the contribution of 193 member states, the UN purchases goods from enterprises in member states and uses them for peaceful reconstruction as well as relief and development projects. Last year, Korea made the 11th largest contribution out of UN member states. Nonetheless, Korean enterprises hold only an 0.85% stake in the UNGM.
Company G, which obtained a bidding qualification in this round, has corporations in Indonesia and Japan and exports over 6.2 million kits for COVID-19 diagnosis to fifteen countries worldwide. Recently, the company developed a simultaneous diagnosis kit for COVID-19 and influenza, and it is expected to see an increase in export volumes with an export permit.
According to the Asia team leader Hong Man-pyo, Company G’s solid technological advantage and the network between the MOFA and the International Relations Ambassador Yoon Gang-hyun of Chungcheongnam-do Province played a key role in the registration in the UNGM. Director Kim Seok-pil at the Economy and Trade Office said, “The UNGM is seeing a bullish factor for medicine, and over 62% is procured from countries other than advanced countries.
We will find and give intensive support for promising fields in the UNGM such as automobile, telecommunications, and plastics, along with medicine.”
Advancement into the UNGM is regardless of nationality, sales amount, and order history. In addition, since bidding takes place with the budget already secured, credibility is guaranteed, and there is no risk of normal transaction. In particular, as it is based on the highest value for cost, it is seen to present an opportunity for Korean enterprises with competitive quality.