While Congress debates whether the U.S. automobile business is worth saving, the government of South Korea has apparently decided to support its video game industry with $200 million worth of aid.

Digital Chosunilbo reports the government backing will last until 2012:

Culture, Sports and Tourism Minster Yu In-chon [seen at left] in a meeting on Wednesday discussing mid- and long-term plans to develop the game industry said the emerging [game] industry had proved to be a future growth engine by accomplishing its billion-dollar export goal for the year 2010 two years early.

Yu promised to draw up 60 projects including a US$200 billion game fund and help the country become one of three countries with the world's largest game industry together with the U.S. and Japan.

Via: GameDaily