BUSAN, South Korea, Aug 16 (Bernama-BUSINESS WIRE) — Busan IT Industry Promotion Agency (President & CEO Mun-Seob Jeong), through the ASEAN-ROK ICT Convergence Village, announced the selection of nine new projects for the 2022 Korea-ASEAN XR Joint Project to demonstrate and to establish competitive Korean XR companies, and to expand advanced XR and Metaverse technology into the ASEAN market.
Following the 2019 ASEAN-ROK Commemorative Summit held in Busan, ASEAN-ROK ICT Convergence Village was first implemented in 2020. The project with its purpose of expanding ICT exchange and mutual growth in Korea and ASEAN is under the National IT Industry Promotion Agency (NIPA) and Busan IT Industry Promotion Agency (BIPA), hosted by the Korean Ministry of Science and ICT, and Busan Metropolitan City.