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China Joins dgMarket to Publish Tenders Internationally.


WASHINGTON -- China has begun publishing government tenders on dgMarket.com, the leading independent website aggregating government procurement Government procurement, also called public tendering, is the procurement of goods and services on behalf of a public authority, such as a government agency. With 10 to 15% of GDP in developed countries, and up to 20% in developing countries, government procurement accounts  information from 150 countries. dgMarket, created by the Development Gateway Foundation, aims to increase access to government contracting and bring down government procurement costs through greater competition.

dgMarket is a multilingual mul·ti·lin·gual  
adj.
1. Of, including, or expressed in several languages: a multilingual dictionary.

2.
 online service that enables business users to search $500 billion dollars worth of government tender opportunities each year. Procurement notices from China valuing $20 billion on an annual basis are expected to be added to dgMarket over the next year, increasing to $100 billion annually within three years. The tenders selected for publishing will be open for international bidding and, generally, will be of $50,000 value or higher.

With the addition of the Chinese tenders, more than 60,000 current procurement notices will be available on dgMarket on any given day.

Cooperating organizations for this initiative include the government-led China Internet Information Center (CIIC CIIC Controlled Inventory Item Code
CIIC Correctional Institutional Inspection Committee
CIIC Civilian Illness and Injury Compensation
CIIC Construction Industry Information and Computing (group) 
), represented by Beijing-based China Development Gateway, which manages of one of the largest online information services See Information Systems.  in China; and Chinabidding, Ltd., an official provider of Chinese government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
  • Chinese Soviet Republic
  • Provisional Government of the Republic of China
  • Reformed Government of the Republic of China
 tenders.

China Development Gateway will also manage a local version of the dgMarket service, called www.toubiao.info. The site will bring all of the benefits of dgMarket's global one-stop-shop to Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
  • List of companies in the People's Republic of China
  • List of companies in Hong Kong
  • List of companies in Macau
, including local customer service. This will be the eleventh local procurement The process of obtaining personnel, services, supplies, and equipment from local or indigenous sources.  website to use the dgMarket database and platform.

"China's joining dgMarket is another step in that country's efforts to make government contracting even more open and competitive," said Mark Fleeton, Chief Executive Officer of the Development Gateway Foundation. "It also represents continued progress in the Foundation's goal to expand dgMarket's coverage and bring the benefits of more transparent government purchasing to people around the world."

About the Development Gateway Foundation

dgMarket (www.dgmarket.com) is a service of the Development Gateway Foundation. The Development Gateway puts the Internet to work for the benefit of people in developing countries. We provide innovative, web-based solutions for effective aid and e-government - increasing access to critical information, building local capacity and bringing partners together for positive change. The Development Gateway is a non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes.  with activities in 60 countries. Learn more at www.developmentgateway.org.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 11, 2006
Words:365
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