The Ministry of Science and ICT said Thursday it will begin a five-year joint project with Asean worth $30 million this year to foster digital innovation in Southeast Asia.
The ministry said it will discuss the details of the project at the two-day Asean Digital Ministers Meeting to be held through Friday.
The project is aimed at applying Korea's advanced digital technologies in Asean nations to facilitate their digital transformations and foster economic growth.
In detail, the two sides will invest a combined $30 million from their cooperation fund until 2029 to create data and advanced computing infrastructure in the region.
The fund will also be used to develop human resources and AI solutions.
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