On January 16, the Ministry of Science and ICT of South Korea said that this year, the country will launch a 5-year joint project worth 30 million USD with ASEAN to promote digital transformation in the Southeast Asian region.
On January 16, the Ministry of Science and ICT of South Korea said that this year, the country will launch a 5-year joint project worth 30 million USD with ASEAN to promote digital transformation in the Southeast Asian region.
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| ASEAN countries will apply advanced digital technologies from Korea to promote digital transformation. (Source: Smart OSC) |
The project aims to apply advanced Korean digital technologies in ASEAN countries to promote digital transformation and economic growth, Yonhap news agency reported.
Specifically, the two sides will invest a total of 30 million USD from the cooperation fund until 2029 to build advanced data and computing infrastructure in the region. This fund will also be used to develop human resources and artificial intelligence (AI) solutions.
According to the ministry, relevant parties will discuss the project in detail at the ASEAN Digital Ministers' Meeting taking place on January 16-17.
“This is the time for all countries to accelerate digital transformation to promote sustainable growth and innovation,” said South Korean Vice Minister of Science and Technology Kang Do-hyun in a press release.
Mr. Kang is expected to hold a trilateral meeting with his counterparts from the US and Japan to discuss cooperation in AI and other areas.
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