• 2026.03.22 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Business

South Korea's New Procurement System Experiences Initial Hiccups But on Track for Full Launch

Hwang Sujin Reporter / Updated : 2025-01-14 16:46:10
  • -
  • +
  • Print


Seoul, South Korea – South Korea's newly launched government procurement system, "Nara Jangter," encountered several technical issues shortly after its pilot launch on January 6th, causing temporary disruptions in service. However, the Procurement Service has been working diligently to address these problems and is now on track for a full-scale launch in early March.

The system, designed to streamline the government procurement process, experienced a two-hour outage on its first day due to a search function malfunction. While this caused some inconvenience to users, the Procurement Service quickly resolved the issue and took steps to minimize any negative impact on businesses. For instance, the deadline for several bids was extended to ensure that no companies were disadvantaged.

Additionally, the transition to a new authentication system and integration with external guarantee agencies led to delays in payment for some suppliers. However, the Procurement Service has been working to expedite these payments and ensure that all suppliers are paid promptly.

Despite these initial challenges, the new system has shown significant progress. As of January 13th, the platform had processed 7,885 bid announcements, 1,347 openings, and 1,464 successful bids, resulting in contracts worth over 1.3 trillion won. Moreover, payments totaling 2.18 trillion won had been disbursed for contracts and subcontracting.

"While we experienced a surge in inquiries and error reports following the pilot launch, many of these were related to simple matters such as user registration and convenient authentication," said Lee Hyung-sik, Director-General of the Fair Procurement Bureau. "Thanks to our proactive measures, the number of inquiries and errors has been steadily decreasing."

To ensure a smooth transition to the full-scale launch in March, the Procurement Service is working to address several remaining issues, including:

Simplifying the fingerprint authentication process for bidding
Enhancing security measures related to the sharing of digital certificates
Providing more personalized services
The agency has also expanded its call center capacity from 210 to 330 lines and increased the number of staff at its 11 regional offices to provide better support to users.

"We have been preparing for this launch since 2018, conducting three dress rehearsals and 65 nationwide training sessions," said Lee. "While we recognize that it is challenging to meet the diverse needs of 70,000 government agencies and 600,000 procurement businesses, we are committed to addressing any inquiries or issues promptly and ensuring a smooth transition."

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #seoulkorea
  • #periodicoeconomico
  • #글로벌이코노믹타임즈
  • #GET
  • #GETtv
  • #대한민국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #my
Hwang Sujin Reporter
Hwang Sujin Reporter

Popular articles

  • IVE Sheds "Princess" Persona for Darker Horizon with 2nd Full-Length Album 'REVIVE+'

  • BLACKPINK Becomes First Artist to Surpass 100 Million YouTube Subscribers, Receiving the ‘Red Diamond’ Award

  • Kim Jong-un Signals "New Leap Forward" at 9th Party Congress, Buoyed by Strengthening Russia Ties

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065599078651584 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year
  • HP Targets Korea as Strategic Hub for 'Edge AI' Expansion, Seeking Startup Partnerships
  • Pearl Abyss’s 'Crimson Desert' Shatters Records with 2 Million Copies Sold on Day One
  • "BTS Over Books?" Indian Academies Issue Emergency Notices as Students Plot Mass Absences for Comeback Live
  • Naver to Shut Down Men's Fashion Service 'MR.' to Launch Expanded AI-Driven Fashion Platform
  • JBNU and SKKU Researchers Achieve Breakthrough in "Dream Material" MXene, Setting New World Records in Performance

Most Viewed

1
An Open Letter to BTS On the Eve of a Historic Performance
2
From Industrial Capital to Tourism Mecca... Ulsan Makes a Bold Move with ‘Experiential Content’ in 2026
3
Ko Sang-goo, President of World Federation of Korean Associations, Elected as First Private Sector Chair of World Korean Community Leaders Convention
4
It is Time for BTS’s Fandom, ARMY, to Step Forward
5
Korean Stock Market Plunges: Circuit Breaker and Sidecar Triggered Amid Geopolitical Crisis
광고문의
임시1
임시3
임시2

Hot Issue

Vishay Unveils Ultra-Compact 0404 RGB LED with Independent Chip Control for Enhanced Color Precision

Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year

AI Medical Ecosystem in Focus: KIMES 2026 Opens in Seoul as Global Healthcare Hub

Netanyahu Declares Decisive Blow to Iran’s Nuclear and Missile Programs, Signals Early End to War

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers