Ministry predicts 3.29 trillion won investment in software

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Ministry predicts 3.29 trillion won investment in software

Investment in public sector software projects will reach 3.29 trillion won ($3 billion) this year, up 6.5 percent from 2012, according to a report by the Ministry of Knowledge Economy yesterday.

By sector, 69.6 percent of total investment will be on establishing software systems, followed by 6.9 percent on purchasing commercial software and 23.5 percent on purchasing hardware, such as servers and personal computers, the ministry said.

It would be the second consecutive year that public-sector software investment exceeds 3 trillion won.

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