Singapore To Invest $590 Million in Digital Media

The Singapore government has pledged to invest $590.5 million over the next decade to develop the country’s digital media industry…the investment is expected to create a total of 30,000 new jobs by 2018: 6,000 within the digital media industry and 24,000 in related industries.

Concurrent with this announcement, Electronic Arts has opened up Singapore’s first game development and localization…

Channelnewsasia: Singapore wants to develop its media industry to contribute 3 percent of GDP by 2012. And this sector includes the digital media industry which encompasses production of electronic games, digital animation and special effects.

Also read related story: “Singapore digital media dream takes shape

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