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BUSINESS

Busan IT Industry Promotion Agency announces 9 projects for 2022 Korea-ASEAN XR Joint Project

16/08/2022 03:01 PM

KUALA LUMPUR, Aug 16 (Bernama) -- Busan IT Industry Promotion Agency (BIPA), through the ASEAN-ROK ICT Convergence Village, has announced the selection of nine new projects for the 2022 Korea-ASEAN XR Joint Project.

This is to demonstrate and establish competitive Korean XR companies, and to expand advanced extended reality (XR) and Metaverse technology into the ASEAN market, according to a statement.

“I hope that the 2022 Korea-ASEAN XR Joint Project becomes a good opportunity for ASEAN and South Korea to start collaborating on various projects. BIPA will continue to discover and support designated projects according to the demands of ASEAN,” said BIPA president and chief executive officer Mun-Seob Jeong.

BIPA plans to finance the nine selected projects totalling about US$2.3 million (US$1 = RM4.465) for its demonstration and commercialisation in the ASEAN market, slated to support the application of XR content to various business fields in the ASEAN region.

Among the selected projects are XR museum contents and exhibition platform for National Museum Bangkok, Thailand (Fun it Co Ltd); Indonesia virtual avatar full-body motion capture live interaction project (Kovee Co Ltd, Filder tax Co Ltd) and XR Convergence Sports Contents and Experience Center Demonstration Project in Myanmar (Insol M&T Co Ltd, KMPI Consortium Co Ltd).

Also selected are Total golf training system using XR technology in Malaysia (Smile Square, Hello Studio Co Ltd) and XR safety education and training contents production in Brunei (Safety XR) (YST Co Ltd).

Following the 2019 ASEAN-South Korea Commemorative Summit held in Busan, ASEAN-South Korea ICT Convergence Village was first implemented in 2020. 

The project with its purpose of expanding information and communications technology exchange and mutual growth in South Korea and ASEAN is under the National IT Industry Promotion Agency and BIPA, hosted by the South Korean Ministry of Science and ICT, and Busan Metropolitan City.

-- BERNAMA


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