Menu Content
Go Top

Culture

Gov't to Invest W75 Bln in Culture Technology

Written: 2010-02-16 16:28:48Updated: 2010-02-16 17:40:04

Gov't to Invest W75 Bln in Culture Technology

The Ministry of Culture, Sports and Tourism has allocated about 76 billion won for research and development of culture-related technologies this year, up 17 percent from a year ago.

Of the R&D budget, some 25 billion won will go to new projects, such as three-dimensional video production and storytelling tools.

The ministry also plans to improve and expand an existing project aimed at supporting culture technology institutes at universities.

The project will be expanded to build a joint culture technology research center, which the government will support with one billion won a year for more than five years.

The ministry plans to eventually increase the R&D budget for culture technology to up to two percent of the nation's total R&D budget from the current six-tenths of a percent.

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >