The S. Korean government would like to invest in their country's future, and in a very big way.

Apparently they have taken notice of just how profitable the video game industry has become. In spite of the current financial strains the industry is facing, along with everyone else, the Korean government is determined to have a go at it.

They plan to invest KRW350 billion (US$235.9 million) in the computer gaming industry until 2012.

Korea's goal is to become the biggest gaming industry up there with the US., Japan and Europe.

To say that these are lofty goals is an understatement, considering they have some major catching up to do in order to rank with the US., Japan and Europe.

Grand Theft Auto IV alone, took in $500 million in sales during opening week. And how many games have been released since the advent of video games?

Good luck, Korea. We wish you all the best.

link?

With leaders that think why won't they have a good economy.
attaining a rank amongst the 1st 20 economy by 2020 is just not words.
that's what i am talking about.

Is that the government's job? Investing in video games?

Seun:

Is that the government's job?  Investing in video games?

yes is it.
the american goverment invested in hollywood that's why it has grown to where it is now.
hollywood provides large revenue for the american government. (talking about billions now)
japan is the second largets gaming market in the world, why? governmet invested masively into it. and look at what japan has become, a country with the higest standard of living, how about the youth massive development and rehabilitation.
korea is definately in the right step.
imagine a company making a game(gta4) for $100 million and gets $500 million on first week of sales.
how many films has gotten that close if any?
if you ask me again, i will tell you that it is givernment job.
if not that our politicians dont think, we would have long been  a key player in the gaming industry.

see pesin wey dey complain abt threads on foreign affair on the other thread. hiss

@post

Korea's goal is to become the biggest gaming industry up there with the US., Japan and Europe.

well, goodluck to them.

Ebony-Silk:

see pesin wey dey complain about threads on foreign affair on the other thread. hiss

huh?