Kim Dong-yeon："在全国地方政府中首创...适用范围也比法律规定更广"

[Suwon Ilbo=Reporter Park No-hun] Gyeonggi Province Governor Kim Dong-yeon announced the implementation of the "Gyeonggi Province-style Supply Price Linkage System," which is being implemented for the first time among domestic local governments, saying "I hope for mutual prosperity among enterprises."

On the 28th, Governor Kim announced through SNS that "the 'Supply Price Linkage System' was the No. 1 resolution after taking office as governor, included as one of five measures in the 'Emergency Economic Response and Livelihood Stabilization Comprehensive Plan,'" adding "it is before the implementation of the Mutual Cooperation Act and is the first among all local governments nationwide. The scope of application, determined by the proportion of raw materials, the scale of supply prices, and transaction periods, has also been expanded beyond what the law stipulates."

He also stated, "For the public sector including Gyeonggi Housing and Urban Development Corporation, we will proceed from April, and for the private sector, we plan to discover excellent companies participating in the supply price linkage system and provide incentives prepared by the province," adding "I hope that many companies in Gyeonggi Province will take the path of practical mutual prosperity through the supply price linkage system."

The following is the full text of Governor Kim Dong-yeon's SNS post.

<Gyeonggi Province-style Supply Price Linkage System, Hoping for Mutual Prosperity Among Enterprises>

Last autumn, I visited small and medium-sized enterprises in the province and heard the voices from the field.

Due to the Ukraine war and other factors, raw material and energy costs are skyrocketing, but supply prices remain fixed, making it impossible for small and medium-sized business owners to endure, they pleaded.

The 'Supply Price Linkage System' was one of five measures in the 'Emergency Economic Response and Livelihood Stabilization Comprehensive Plan' that was my No. 1 resolution after taking office as governor. As a result of accelerating the process for early implementation, we will launch the 'Gyeonggi Province-style Supply Price Linkage System' starting in April.

It is before the implementation of the Mutual Cooperation Act and is the first among all local governments nationwide.

The scope of application, determined by the proportion of raw materials, the scale of supply prices, and transaction periods, has also been expanded beyond what the law stipulates.

For the public sector including Gyeonggi Housing and Urban Development Corporation, we will proceed from April, and for the private sector, we plan to discover excellent companies participating in the supply price linkage system and provide incentives prepared by the province.

Large enterprises and small and medium-sized enterprises must overcome the crisis together through mutual cooperation. I hope that many companies in Gyeonggi Province will take the path of practical mutual prosperity through the supply price linkage system.