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Gov't to Invest W75 Bln in Culture Technology

2010/02/16 | 89 views | Permalink | Source

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.

Reported by KBS WORLD Radio

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