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South Korea’s Science Ministry to Announce Pan-government Strategy on Metaverse

Insider Brief:

  • The Ministry of Science and ICT has announced a pan-government strategy on the metaverse as part of the Digital New Deal 2.0 initiative.
  • This strategy will help South Korea to better respond to disruptive innovation and emerging new technologies and be prepared for the future.
  • Minister Lim Hyesook says that the metaverse is an uncharted digital continent with indefinite potential and the Ministry will ensure to implement the diverse support strategies faithfully so that South Korea can become a leading global metaverse country.

PRESS RELEASE — Seoul, South Korea/December 5. 2022 — The Ministry of Science and ICT (MSIT, Minister: Lim Hyesook) announced a pan-government strategy on metaverse as part of the Digital New Deal 2.0 initiative. This strategy will help South Korea to better respond to disruptive innovation and emerging new technologies and be prepared for the future.

This metaverse strategy focuses on four main subjects:

First is to reinvigorate the metaverse platform ecosystem, and foster an environment for the metaverse platforms to grow.

Second is to nurture experts and talent in the metaverse field and provide people with opportunities to access the metaverse without regional restrictions and to participate in a variety of metaverse events.

Third is to nurture leading companies specialized in the metaverse. To this end, metaverse infrastructure like metaverse demonstration facilities, and diverse types of funds will be provided.

 Last is to create an exemplary metaverse world. This includes setting ethical principles for metaverse so as to prevent unethical and illegal conduct while protecting digital assets and copyrights. The government will also strive to address the digital divide among people by providing metaverse education to the digitally marginalized people.


Minister Lim Hyesook said that the “metaverse” is an uncharted digital continent with indefinite potential. Anyone can realize their dreams. In particular, the metaverse will become a place where the youth can take up more challenges, grow and leap forward to a greater world. The Ministry will ensure to implement the diverse support strategies faithfully so that South Korea can become a leading global metaverse country.”


For further information, please contact the spokesperson for foreign media Kim Heehyun (E-mail: [email protected], 82–44–202–4027) of the Ministry of Science and ICT.

SOURCE: Ministry of Science and ICT.

Feature image: Image by Big_Heart from Pixabay

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The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

When: July 13, 2023 at 11:30am

What: GenMat Webinar

Jake Vikoren

Jake Vikoren

Company Speaker

Deep Prasad

Deep Prasad

Company Speaker

Araceli Venegas

Araceli Venegas

Company Speaker

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